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Paychex (PAYX) PT Lowered to $124 at BofA Securities

Go back to Paychex (PAYX) PT Lowered to $124 at BofA Securities

Paychex (PAYX) PT Lowered to $135 at Cowen

June 30, 2022 6:31 AM EDT

Cowen analyst Bryan Bergin lowered the price target on Paychex (NASDAQ: PAYX) to $135.00 (from $140.00) while maintaining an Outperform rating.

The analyst commented, "Market concerns of a slowdown are well understand, yet there were no meaningful signs of such slowing here.... More