RBC Capital Reiterates Sector Perform on Automatic Data Processing, Maintains $267 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ashish Sabadra has reiterated a Sector Perform rating on Automatic Data Processing (NASDAQ:ADP) and maintained a price target of $267.
August 01, 2024 | 3:14 pm
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RBC Capital has reiterated a Sector Perform rating on ADP and maintained a price target of $267. This suggests that RBC Capital sees ADP performing in line with the sector and does not anticipate significant short-term price movements.
The reiteration of a Sector Perform rating and maintenance of the price target at $267 indicates that RBC Capital expects ADP to perform in line with the sector. This suggests a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100