Ceridian price target raised to $95 from $80 at Mizuho

Mizuho analyst Siti Panigrahi raised the firm’s price target on Ceridian to $95 from $80 and keeps a Buy rating on the shares. The company reported strong Q4 results and fiscal 2023 guidance above consensus, the analyst tells investors in a research note. The firm says Ceridian has remained resilient in the current macro backdrop and is well positioned to benefit from "multiple growth vectors" in 2023. IT remains one of Mizuho’s top picks.