RBC Capital Maintains Sector Perform on Paychex, Raises Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ashish Sabadra maintains a Sector Perform rating on Paychex (NASDAQ:PAYX) and raises the price target from $130 to $148.
October 02, 2024 | 2:27 pm
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RBC Capital has maintained its Sector Perform rating on Paychex and increased the price target from $130 to $148, indicating a positive outlook.
The increase in the price target from $130 to $148 by RBC Capital suggests a positive outlook for Paychex, which could lead to a short-term increase in stock price. The maintained Sector Perform rating indicates steady performance expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100