Goldman Sachs Upgrades Paychex (PAYX) to Neutral

October 20, 2011 7:50 AM EDT
Get Alerts PAYX Hot Sheet
Price: $120.04 -0.07%

Rating Summary:
    3 Buy, 14 Hold, 8 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 33 | Down: 45 | New: 4
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Goldman Sachs upgraded Paychex (NASDAQ: PAYX) from Sell to Neutral with a price target of $28, citing improved operating metrics and a 4.6% dividend yield.

For more ratings news on Paychex click here and for the rating history of Paychex click here.

Shares of Paychex closed at $28.11 yesterday.


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