B of A Securities Maintains Neutral on Automatic Data Processing, Raises Price Target to $267
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Automatic Data Processing (NASDAQ:ADP) while raising the price target from $250 to $267.
August 01, 2024 | 4:57 pm
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B of A Securities has maintained a Neutral rating on Automatic Data Processing (NASDAQ:ADP) while raising the price target from $250 to $267.
The raised price target from $250 to $267 suggests a positive outlook on ADP's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100