U.S. Wage Growth Increased by 3.3 Percent, Aligned with Pre-Pandemic Growth, While Wages for U.S. Job Switchers Increased 6.6 Percent Since September 2020 to Meet Demand for Workers

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Go back to U.S. Wage Growth Increased by 3.3 Percent, Aligned with Pre-Pandemic Growth, While Wages for U.S. Job Switchers Increased 6.6 Percent Since September 2020 to Meet Demand for Workers

ADP (ADP) PT Raised to $243 at Stifel

October 27, 2021 3:44 PM EDT

Stifel analyst David M. Grossman raised the price target on ADP (NASDAQ: ADP) to $243.00 (from $228.00) while maintaining a Buy rating.

The analyst commented, "F1Q beat and FY22 (Jun) guidance was increased by the outperformance relative to ADP's internal plan. Labor markets remain... More