Deep Dive Into Paychex Stock: Analyst Perspectives (7 Ratings)
Portfolio Pulse from Benzinga Insights
Paychex (NASDAQ:PAYX) has received mixed analyst ratings over the past three months, with most analysts being indifferent or somewhat bearish. The average 12-month price target has slightly increased to $123.0. Analysts have adjusted their ratings and price targets based on recent market conditions and company performance. Paychex shows strong financial performance with high revenue growth, net margin, ROE, and ROA, and maintains a low debt-to-equity ratio.
September 12, 2024 | 3:01 pm
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Paychex has received mixed analyst ratings, with most being indifferent or somewhat bearish. The average price target has increased slightly to $123.0. The company shows strong financial performance with high revenue growth and profitability.
The mixed analyst ratings suggest a neutral short-term impact on Paychex's stock price. The slight increase in the average price target indicates some positive sentiment, but the overall indifference and somewhat bearish ratings balance this out. Paychex's strong financial performance, including high revenue growth and profitability, supports a stable outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100