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Dayforce price target raised to $70 from $60 at Jefferies

Jefferies analyst Samad Samana raised the firm’s price target on Dayforce (DAY) to $70 from $60 and keeps a Hold rating on the shares. The firm says the takeover by Thoma Bravo for $70 per share is inline with its valuation expectations. Jefferies does not expect any major regulatory or other hurdles.

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