Citi Downgrades Paychex (PAYX) to Sell

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UBS Downgrades Paychex (PAYX) to Neutral

September 25, 2012 6:48 AM EDT

UBS downgraded Paychex (NASDAQ: PAYX) from Buy to Neutral.

For an analyst ratings summary and ratings history on Paychex click here. For more ratings news on Paychex click here.

Shares of Paychex closed at $34.38 yesterday, with a 52 week range of $25.20-$34.70.... More

UPDATE: Paychex, Inc. (PAYX) Tops Q1 EPS by 1c; Reaffirms

September 24, 2012 4:01 PM EDT

(Updated - September 24, 2012 4:04 PM EDT)

(consensus corrected) Paychex, Inc. (NASDAQ: PAYX) reported Q1 EPS of $0.42, 1 cent better than the consensus of $0.41. Revenue for the quarter came in at $578.2 million versus the consensus estimate of $584.05 million.

The company reaffirmed FY13... More