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PAYX

Paychex

$66.72

-1.03 (-1.52%)

16:21
11/14/18
11/14
16:21
11/14/18
16:21

Paychex initiated with an Equal Weight at Barclays

Barclays analyst Ramsey El-Assal initiated Paychex with an Equal Weight and $69 price target.

PAYX Paychex
$66.72

-1.03 (-1.52%)

10/03/18
JEFF
10/03/18
NO CHANGE
Target $75
JEFF
Hold
Paychex shares are close to fair value, says Jefferies
Jefferies analyst Samad Samana says that while Paychex's Q1 results topped expectations and the company's tone was positive, his estimates are not changing materially. The analyst thinks the shares are close to fair value and maintains a Hold rating on the name with a $75 price target.
10/03/18
DBAB
10/03/18
NO CHANGE
Target $79
DBAB
Hold
Paychex price target raised to $79 from $68 at Deutsche Bank
Deutsche Bank analyst Bryan Keane raised his price target for Paychex to $79 saying "modest" top-line growth outperformance and the timing of investments drove better than expected margins and 2c of earnings per share upside in Q1. The analyst raised his estimates for Paychex following yesterday's results but keeps a Hold rating on the shares.
10/03/18
BMOC
10/03/18
NO CHANGE
Target $77
BMOC
Market Perform
Paychex price target raised to $77 from $70 at BMO Capital
BMO Capital analyst Jeffrey Silber raised his price target on Paychex to $77 after its Q1 results, saying the earning beat highlights a "solid" early season momentum driven by better than expected revenues and margins. The analyst cites "strong" demand for professional employer organization products and "steady" human capital management performance. Silber also keeps his Market Perform rating on the shares, adding that while investments in demand generation would have a smaller than expected impact on margins, he still sees FY19 as an "investment year".
10/04/18
MOFT
10/04/18
INITIATION
Target $79
MOFT
Neutral
Paychex initiated with a Neutral at MoffettNathanson
MoffettNathanson initiated Paychex with a Neutral and $79 price target.

TODAY'S FREE FLY STORIES

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Tesla

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Bed Bath & Beyond

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KKR

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IPGP

IPG Photonics

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SC

Santander Consumer

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WASH

Washington Trust

$50.05

-0.06 (-0.12%)

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NI

NiSource

$27.56

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BBBY

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OXY

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EBF

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SSNLF

Samsung

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BCRX

BioCryst

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AAL

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ATVI

Activision Blizzard

$45.29

0.31 (0.69%)

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ATVI

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