Piper Sandler Maintains Neutral on Ceridian HCM Holding, Raises Price Target to $73
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Arvind Ramnani maintains a Neutral rating on Ceridian HCM Holding (NYSE:CDAY) and raises the price target from $70 to $73.
August 04, 2023 | 12:38 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Ceridian HCM Holding and raises the price target from $70 to $73.
The news directly pertains to Ceridian HCM Holding (CDAY) as Piper Sandler maintains a Neutral rating on the company and raises the price target. This suggests that the analyst sees potential in the company's stock but also acknowledges the risks involved, hence the neutral rating. The increase in price target could potentially attract investors, but the impact on the stock price in the short term is uncertain, hence the score of 0.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100