ADP (ADP) President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1

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Go back to ADP (ADP) President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1

ADP (ADP) PT Raised to $237 at Cowen

October 26, 2022 4:52 PM EDT

Cowen analyst Bryan Bergin raised the price target on ADP (NASDAQ: ADP) to $237.00 (from $236.00) while maintaining a Market Perform rating.

The analyst commented, "Solid 1Q beat as demand and macro conditions hold firm, and it benefits from interest rate tailwinds. We expect... More