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Fly News Breaks for February 6, 2020
CDAY
Feb 6, 2020 | 08:26 EDT
Cowen analyst Bryan Bergin noted Ceridian's 2020 outlook is below the Street's but the company has a track record of outperformance and solid fundamentals suggest a conservative starting point. Bergin said considering the solid fundamentals and recent appreciation into its results, he recommends investors use the pullback to build positions. Bergin reiterated his Outperform rating and $85 price target on Ceridian shares.
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