Barclays Maintains Overweight on Automatic Data Processing, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal maintains an Overweight rating on Automatic Data Processing (NASDAQ:ADP) and raises the price target from $282 to $310.
August 05, 2024 | 11:31 pm
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Barclays analyst Ramsey El-Assal maintains an Overweight rating on Automatic Data Processing (NASDAQ:ADP) and raises the price target from $282 to $310.
The raised price target and maintained Overweight rating from Barclays is a positive signal for investors, indicating confidence in ADP's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100