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Fly News Breaks for October 1, 2018
ADP
Oct 1, 2018 | 16:07 EDT
Jefferies analyst Samad Samana initiated ADP with a Hold rating and $160 price target, stating that he believes multiple macro trends should benefit the group as a whole, However, he also believes payroll has evolved in favor using SaaS solutions and he favors the SaaS payroll and HR software vendors over the traditional service bureaus.
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