Goldman Sachs Initiates Coverage On Ceridian HCM Holding with Neutral Rating, Announces Price Target of $74
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kevin Kumar has initiated coverage on Ceridian HCM Holding (NYSE:CDAY) with a Neutral rating and a price target of $74.
October 23, 2023 | 11:46 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Ceridian HCM Holding with a Neutral rating and a price target of $74.
The initiation of coverage by Goldman Sachs, a major investment bank, is a significant event for Ceridian HCM Holding. The Neutral rating suggests that Goldman Sachs believes the stock is fairly valued at its current price. The price target of $74 provides a reference point for investors, but does not necessarily suggest a strong upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100