Barclays Maintains Equal-Weight on Paychex, Lowers Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Equal-Weight rating on Paychex (NASDAQ:PAYX) but lowers the price target from $120 to $118.
July 01, 2024 | 1:22 pm
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Barclays analyst Ramsey El-Assal maintains an Equal-Weight rating on Paychex but lowers the price target from $120 to $118.
The lowered price target from $120 to $118 by Barclays suggests a slightly less optimistic outlook for Paychex, which could lead to a minor negative impact on the stock price in the short term.
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