Expert Ratings for Paychex
Portfolio Pulse from Benzinga Insights
Paychex (NASDAQ:PAYX) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 4 indifferent, and 2 somewhat bearish. The average price target is $120.5, slightly below the current price of $121.585, implying a potential downside. This average has decreased by 2.37% from the previous average price target of $123.43.
August 17, 2023 | 7:01 pm
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Mixed analyst ratings and a lower average price target suggest a potential downside for Paychex.
The mixed analyst ratings, with a majority being indifferent or somewhat bearish, combined with a lower average price target than the current price, suggest that the stock may experience a short-term decrease in price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100