Ceridian price target raised to $105 from $90 at Credit Suisse

Credit Suisse analyst Kevin McVeigh raised the firm’s price target on Ceridian to $105 from $90 and keeps an Outperform rating on the shares. Consistent with its Credit Suisse U.S. top pick status, the firm expects the Ceridian’s stock to rally on an impressive Q4 beat plus $100M adjusted EBITDA guide beat for 2023.