Mizuho Maintains Buy on Automatic Data Processing, Raises Price Target to $272
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a Buy rating on Automatic Data Processing (ADP) and increased the price target from $265 to $272.
March 11, 2024 | 11:36 am
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Mizuho analyst Dan Dolev reaffirmed a Buy rating on Automatic Data Processing and raised the price target to $272.
The increase in price target by a reputable analyst like Dan Dolev signals a positive outlook on ADP's stock, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100