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Fly News Breaks for January 11, 2017
PAYX
Jan 11, 2017 | 07:28 EDT
As noted earlier, Bernstein upgraded Paychex to Market Perform from Underperform. Analyst Lisa Elllis sees the company as a pure play beneficiary of the Trump administration's policies and has begun "explicitly incorporating a 50% probability" that it will benefit from U.S. corporate tax cuts. Target to $59 from $52.
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