6 Analysts Have This to Say About Paychex
Portfolio Pulse from Benzinga Insights
Over the past quarter, Paychex (NASDAQ:PAYX) received 6 analyst ratings, with 1 somewhat bullish, 4 indifferent, and 1 somewhat bearish. No analysts were outright bullish or bearish. The 12-month price targets for Paychex averaged $121.5, with a high of $131.00 and a low of $106.00. The average price target has increased by 1.82% over the past month. Analyst ratings are based on information from company calls, financial statements, and insider conversations, and they provide guidance on stock performance.
December 14, 2023 | 1:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Paychex received a mix of analyst ratings, predominantly neutral, with an average 12-month price target of $121.5, which has seen a slight increase over the past month.
The predominance of neutral ratings suggests that analysts do not see significant short-term movement. The slight increase in the average price target may provide a modest positive sentiment, but the overall impact is likely to be neutral given the lack of strong bullish or bearish opinions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100