TD Cowen Maintains Outperform on Paychex, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin maintains an Outperform rating on Paychex (NASDAQ:PAYX) and raises the price target from $130 to $131.
September 28, 2023 | 12:00 pm
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POSITIVE IMPACT
TD Cowen analyst Bryan Bergin maintains an Outperform rating on Paychex and raises the price target from $130 to $131.
The Outperform rating maintained by TD Cowen analyst Bryan Bergin indicates a positive outlook for Paychex. The increase in price target from $130 to $131 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100