Citigroup Maintains Neutral on Automatic Data Processing, Raises Price Target to $230
Citigroup analyst Peter Christiansen maintains Automatic Data Processing (NASDAQ:ADP) with a Neutral and raises the price target from $212 to $230.
Automatic Data Processing Shares Gain On Topping Q3 Backed By Improving Demand Environment
Automatic Data Processing, Inc (NASDAQ:ADP) reported third-quarter FY22 revenue growth of 10% year-on-year to $4.51 billion, beating the consensus of $4.46…
Earnings Scheduled For April 27, 2022
Companies Reporting Before The Bell
• Deutsche Bank (NYSE:DB) is projected to report earnings for its first quarter.
Will Chart Analysts Notice Bad Omen on Automatic Data Processing’s Chart
If history is any guide, there may be trouble ahead for shares of Automatic Data Processing (NASDAQ:ADP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
BofA Downgrades PayPal, DXC Technology, Upgrades 2 Other Payment Stocks: What Investors Need To Know
While there is heightened geopolitical risk and macro uncertainty, the U.S. labor market remains solid, according to BofA Securities, which made rating changes to four stocks in the payments sector Wednesday.
The Payments Analyst: In separate reports, analyst Jason Kupferberg changed the ratings and price targets for four payment stocks.
B of A Securities Upgrades Automatic Data Processing to Neutral, Announces $223 Price Target
B of A Securities analyst Jason Kupferberg upgrades Automatic Data Processing (NASDAQ:ADP) from Underperform to Neutral and announces $223 price target.
Expert Ratings For Automatic Data Processing
Within the last quarter, Automatic Data Processing (NASDAQ:ADP) has observed the following analyst ratings:
32 Stocks Moving In Wednesday’s Mid-Day Session
Gainers
Exela Technologies, Inc. (NASDAQ: XELA) rose 32% to $0.7262 after the company announced a share buyback of up to 100 million shares of common stock at $1 per share through an exchange offer of new notes.