The Latest Analyst Ratings for Paychex
Portfolio Pulse from Benzinga Insights
In the last quarter, Paychex (NASDAQ:PAYX) received 9 analyst ratings, with 2 somewhat bullish, 5 indifferent, and 2 somewhat bearish. The company's average 12-month price target is $124.78, a 4.86% increase from the previous average of $119.00.
November 07, 2023 | 6:00 pm
News sentiment analysis
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Paychex received mixed analyst ratings, with an average 12-month price target of $124.78, indicating a potential upside.
The mixed analyst ratings indicate uncertainty about the company's future performance. However, the increased average price target suggests that analysts see potential upside, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100