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Janney Montgomery Scott Downgrades Paychex (PAYX) to Sell; Expectations High; Risk/Reward to the Downside; Favors ADP

January 15, 2010 7:24 AM EST Send to a Friend
Janney Montgomery Scott downgrades Paychex (Nasdaq: PAYX) from Neutral to Sell. $25 price target.

Janney analyst says, "Recent stock price ...

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