The initiation of coverage by RBC Capital with a Sector Perform rating suggests a neutral outlook for Paychex. The price target of $130 indicates where the analyst believes the stock will trade in the future. This news is highly relevant to Paychex as it directly pertains to the company's stock. The importance is moderate as analyst ratings can influence investor sentiment and stock price, but they are just one of many factors investors consider. The confidence in this analysis is high as the information is clear and direct.