Dayforce Stock: A Deep Dive Into Analyst Perspectives (10 Ratings)
Portfolio Pulse from Benzinga Insights
Dayforce (NYSE:DAY) has received diverse analyst ratings over the past three months, with a recent average price target of $71.3, reflecting a 6.24% increase. Analysts have raised their ratings and price targets, indicating a positive outlook. Despite strong revenue growth, Dayforce faces challenges with profitability and asset utilization.
October 22, 2024 | 2:01 pm
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POSITIVE IMPACT
Dayforce has seen a positive shift in analyst ratings, with an average price target increase to $71.3. Analysts have raised their ratings, indicating a positive outlook. However, the company faces challenges with profitability and asset utilization.
The increase in average price target and the positive shift in analyst ratings suggest a bullish sentiment towards Dayforce. The company's strong revenue growth supports this outlook. However, challenges in profitability and asset utilization may temper the positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100