Stifel has downgraded Dayforce to a Hold rating following Thoma Bravo's $70 bid for the company. This decision reflects concerns about the potential impact of the acquisition on Dayforce's future performance. Investors are closely watching how this bid will unfold, as it could significantly influence the market dynamics in the tech sector.

Stifel has downgraded Dayforce's stock to a Hold rating as new details about the Thoma Bravo deal come to light. This decision reflects concerns about the future performance of Dayforce amidst the evolving landscape of the deal, which could impact investor confidence. Understanding these changes is crucial for stakeholders as they navigate the implications for the company's market position.