The Latest Analyst Ratings for Paychex
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Paychex (NASDAQ:PAYX) in the last quarter, with 1 somewhat bullish, 5 indifferent, and 3 somewhat bearish. The average price target is $122.78, indicating potential upside from the current price of $112.58. This average has increased by 0.75% from the previous target of $121.86.
September 26, 2023 | 8:00 pm
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Mixed analyst ratings for Paychex (NASDAQ:PAYX) with potential upside indicated by the average price target of $122.78, compared to the current price of $112.58.
The mixed analyst ratings indicate uncertainty about the stock's performance. However, the average price target, which is higher than the current price, suggests potential upside. This could have a positive impact on the stock price, but the somewhat bearish ratings also suggest potential risks.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100