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Fly News Breaks for May 2, 2016
ADP
May 2, 2016 | 08:32 EDT
Baird raised its price target on ADP to $94 from $89. The firm cited the favorable long-term outlook, potential for margin expansion, improving client retention rate and the potential to improve further as comps ease. Baird reiterated its Outperform rating on ADP shares.
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