Baird Maintains Neutral on Paychex, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Marcon maintains a Neutral rating on Paychex (NASDAQ:PAYX) and lowers the price target from $126 to $124.

June 27, 2024 | 11:48 am
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Baird analyst Mark Marcon maintains a Neutral rating on Paychex and lowers the price target from $126 to $124.
The lowered price target from $126 to $124 suggests a slightly less optimistic outlook for Paychex, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100