Morgan Stanley Reiterates Equal-Weight on Paychex, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has reiterated an Equal-Weight rating on Paychex (NASDAQ:PAYX) and maintained a $125 price target.
June 30, 2023 | 1:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has reiterated an Equal-Weight rating on Paychex and maintained a $125 price target.
The news is directly about Paychex and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's view on the company has not changed. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100