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.
June 27, 2024 | 2:28 pm
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RBC Capital analyst Ashish Sabadra has reiterated a Sector Perform rating on Paychex and maintained a price target of $130.
The reiteration of a Sector Perform rating and maintenance of the $130 price target by RBC Capital suggests a neutral outlook for Paychex. This indicates that the stock is expected to perform in line with the sector, and there are no significant changes in the analyst's view that would drive the stock price up or down in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100