UBS Initiates Coverage On Paychex with Neutral Rating, Announces Price Target of $115
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Rayna Kumar initiates coverage on Paychex (NASDAQ:PAYX) with a Neutral rating and announces a price target of $115.
June 02, 2023 | 9:36 am
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UBS analyst Rayna Kumar initiates coverage on Paychex with a Neutral rating and a price target of $115.
The news directly mentions Paychex (PAYX) and the initiation of coverage by UBS with a Neutral rating and a price target of $115. This information is important for investors as it provides an insight into the stock's potential performance. However, the Neutral rating suggests that the stock's price may not experience significant short-term movement, resulting in a score of 0.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100