Paychex (PAYX) Tops Q1 EPS by 2c
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October 3, 2018 7:52 AM EDT
Stifel analyst David Grossman raised the price target on Paychex (NASDAQ: PAYX) to $73.00 (from $69.00) while maintaining a Hold rating following the company's 1Q report. Modest revenue outperformance (1.5%) resulted in a modest EPS beat ($0.01/sh) and management reiterated revenue (+6-7% y/y) and EPS guidance... More
October 3, 2018 7:34 AM EDT
Deutsche Bank analyst Bryan Keane raised the price target on Paychex (NASDAQ: PAYX) to $79.00 (from $68.00) while maintaining a Hold rating following the company's 1Q report. PAYX reported total revenues of $862.8m beating consensus estimate of $854m. PAYX delivered EPS of $0.67 which was $0.02 higher than... More
October 3, 2018 7:30 AM EDT
Citi analyst, Ashwin Shirvaikar, raised the price target on Paychex (NASDAQ: PAYX) to $73.00 (from $67.00) while maintaining a Neutral rating following the company's 1Q earnings report. PAYX reported revenues of $862.8 mil, above consensus estimates of $850 mil. EPS of $0.67 grew 17.8% y/y and was above consensus... More
