Paychex (PAYX) Tops Q4 EPS by 1c, Slight Beat on Revenues

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Go back to Paychex (PAYX) Tops Q4 EPS by 1c, Slight Beat on Revenues

Paychex (PAYX) PT Lowered to $60 at JPMorgan Following 4Q

June 29, 2017 9:55 AM EDT

JPMorgan 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 EDT

Morgan 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

Paychex (PAYX) PT Lowered to $60 at Baird on Q4 Report; 'Sub PAR Metrics, Revenue Growth to Slow but Profitability Resilient'

June 29, 2017 9:22 AM EDT

Baird lowered its price target on Paychex (NASDAQ: PAYX) to $60.00 (from $63.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Mark Marcon notes the company delivered fourth quarter earnings per share and revenue results above consensus projections, despite key metrics... More