DA Davidson analyst Robert Simmons reported on Ceridian with...
$Ceridian HCM Holding Inc(CDAY.US$ DA Davidson analyst Robert Simmons reported on Ceridian with a buy rating and a $135 price target. The analyst told investors in a research note that the company has largely completed its transition to the cloud and now looks poised to have multiple growth catalysts over the next few years.
Simmons added that After a period of low cash generation, Ceridian will have stronger margins and cash flow performance going forward, and said his check shows "positive" booking trends and a "strong positioning" of its closest competitor.
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