Paychex (PAYX) Tops Q1 EPS by 2c

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Citi Reiterates Neutral Rating on Paychex (PAYX)

October 2, 2024 11:44 AM EDT

Citi analyst Peter Christiansen reiterated a Neutral rating and $145.00 price target on Paychex (NASDAQ: PAYX).

The analyst comments "Paychex delivered mostly in-line top line results, which comes as a relief to some investors who perhaps expected some softness given weaker SMB hiring trends.... More

Paychex (PAYX) PT Raised to $148 at RBC Capital

October 2, 2024 6:31 AM EDT

RBC Capital analyst Ashish Sabadra raised the price target on Paychex (NASDAQ: PAYX) to $148.00 (from $130.00) while maintaining a Sector Perform rating.

The analyst comments "As expected, PAYX reported a revenue beat on a conservative guide and lowered its Interest on Funds Held for Clients... More