RBC Capital Maintains Sector Perform on Automatic Data Processing, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained a Sector Perform rating on Automatic Data Processing (ADP) and raised its price target from $267 to $315.
October 31, 2024 | 7:41 pm
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RBC Capital has maintained a Sector Perform rating on Automatic Data Processing (ADP) and increased its price target from $267 to $315, indicating a positive outlook.
The increase in the price target from $267 to $315 by RBC Capital suggests a positive outlook for ADP's stock. Maintaining a Sector Perform rating indicates that the stock is expected to perform in line with the sector, but the raised price target reflects an improved valuation expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100