Form 10-Q PAYCHEX INC For: Feb 29

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Go back to Form 10-Q PAYCHEX INC For: Feb 29

Paychex (PAYX) PT Raised to $111 at BofA Securities

April 3, 2024 4:39 AM EDT

BofA Securities analyst Jason Kupferberg raised the price target on Paychex (NASDAQ: PAYX) to $111.00 (from $108.00) while maintaining a Underperform rating.

The analyst comments "We are surprised to see PAYX shares trading nearly flat and outperforming the S&P 500 after reporting a F3Q revenue... More

Paychex (PAYX) PT Lowered to $125 at Morgan Stanley

April 3, 2024 4:34 AM EDT

Morgan Stanley analyst James Faucette lowered the price target on Paychex (NASDAQ: PAYX) to $125.00 (from $127.00) while maintaining a Equalweight rating.

The analyst comments "While expected ERTC drag is driving near-term estimate reductions, constructive macro commentary, particularly on SMB closure rates, drove intra-day share price... More