RBC Capital Reiterates Sector Perform on Paychex, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Gary Bisbee has reiterated a 'Sector Perform' rating on Paychex (NASDAQ:PAYX) and maintained a price target of $130.
September 28, 2023 | 3:30 pm
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RBC Capital has reiterated its 'Sector Perform' rating on Paychex, maintaining a price target of $130.
The reiteration of the 'Sector Perform' rating by RBC Capital indicates that they believe Paychex will perform in line with the expectations of the sector. The maintained price target of $130 suggests that they do not foresee significant price movement in the short term. This could lead to neutral short term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100