Paychex, Inc. Reports Fourth Quarter and Fiscal 2017 Results
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Paychex (PAYX) PT Lowered to $60 at JPMorgan Following 4Q
June 29, 2017 9:55 AM EDTJPMorgan lowered its price target on Paychex (NASDAQ: PAYX) to $60.00 (from $62.00) while maintaining a Neutral rating following the company's 4Q earnings report and guidance. 4Q revenue of $799M was reported in-line with the Street's $798M estimates. EPS of $0.54 was one cent above the Street's... More
Paychex (PAYX) PT Lowered to $55 at Morgan Stanley Following 4Q
June 29, 2017 9:39 AM EDTMorgan Stanley lowered its price target on Paychex (NASDAQ: PAYX) to $55.00 (from $56.00) while maintaining a Underweight rating following the company's 4Q earnings report. 4Q revenue was in line at $799mn vs. the consensus estimate of 798mn. EPS at $0.54 was also in line with... More
