RBC Capital Reiterates Sector Perform on Paychex, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ashish Sabadra has reiterated a 'Sector Perform' rating on Paychex (NASDAQ:PAYX) and maintained a price target of $130.
December 22, 2023 | 2:11 pm
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RBC Capital analyst Ashish Sabadra reaffirms a 'Sector Perform' rating on Paychex with a $130 price target, indicating no change in the analyst's outlook.
The reiteration of the 'Sector Perform' rating and the maintenance of the price target at $130 by RBC Capital suggests that the analyst's view on Paychex has not changed. This is likely to have a neutral short-term impact on the stock as there is no new positive or negative information that would significantly alter investor sentiment.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100