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.
May 21, 2024 | 3:05 pm
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RBC Capital has reiterated a Sector Perform rating on Paychex and maintained a price target of $130. This suggests that the analyst expects the stock to perform in line with the sector.
The reiteration of a Sector Perform rating and maintenance of the $130 price target indicates that the analyst does not foresee significant changes in the stock's performance relative to the sector. This is a neutral signal for short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100