RBC Capital Initiates Coverage on Paychex (PAYX) with a Sector Perform

October 21, 2009 11:18 AM EDT

RBC Capital initiates coverage on Paychex (Nasdaq: PAYX) with a Sector Perform. Price target $32.
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Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses in the United States and Germany.


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PAYX 31.05

+0.10 +0.32%
Volume: 2,174,436
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