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 (PAYX) and maintained a price target of $130.

April 03, 2024 | 12:53 pm
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RBC Capital maintains a 'Sector Perform' rating on Paychex with a $130 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the $130 price target by RBC Capital suggests a neutral outlook on Paychex's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, and there may not be significant price movement expected in the near future.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100