Cowen & Co. Upgrades Paychex to Outperform, Raises Price Target to $145
Cowen & Co. analyst Bryan Bergin upgrades Paychex (NASDAQ:PAYX) from Market Perform to Outperform and raises the price target from $130 to $145.
If You Invested $1000 In This Stock 10 Years Ago, Here’s How Much You Would Have Today
Paychex (NASDAQ:PAYX) has outperformed the market over the past 10 years by 1.76% on an annualized basis.
Paychex’s Return on Invested Capital Insights
According to Benzinga Pro data Paychex (NASDAQ:PAYX) posted a 0.45% decrease in earnings from Q1. Sales, however, increased by 2.35% over the previous quarter to $1.11 billion.
Stifel Maintains Hold on Paychex, Raises Price Target to $140
Stifel analyst David Grossman maintains Paychex (NASDAQ:PAYX) with a Hold and raises the price target from $118 to $140.
10 Biggest Price Target Changes For Thursday
Barclays lifted the price target on Cintas Corporation (NASDAQ: CTAS) from $470 to $500. Cintas shares rose 1.2% to $434.11 in pre-market trading.
Morgan Stanley Maintains Equal-Weight on Paychex, Raises Price Target to $135
Morgan Stanley maintains Paychex (NASDAQ:PAYX) with a Equal-Weight and raises the price target from $105 to $135.
Barclays Maintains Equal-Weight on Paychex, Raises Price Target to $140
Barclays analyst Ramsey El-Assal maintains Paychex (NASDAQ:PAYX) with a Equal-Weight and raises the price target from $115 to $140.
Why Paychex Shares Are Making New All-Time Highs Today
Paychex Inc (NASDAQ: PAYX) is trading higher Wednesday after the company announced better-than-expected fiscal second-quarter 2022 financial results.
Recap: Paychex Q2 Earnings
Paychex (NASDAQ:PAYX) reported its Q2 earnings results on Wednesday, December 22, 2021 at 08:30 AM.
Here's what investors need to know about the announcement.
