{
Paychex, Inc.

Companies

}
001122334455554433221100
001122334455554433221100
Symbol PAYX
Name Paychex, Inc.
Currency USD
Sector Industrials
IndustryGroup Commercial & Professional Services
Industry Professional Services
Market NASDAQ Global Select
Country United States
State NY
City Rochester
Zipcode 14625-2396
Website http://www.paychex.com
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Citigroup raises price target on Paychex after strong quarterly profit

Citigroup has raised its price target for Paychex to $158 from $145, maintaining a "neutral" rating after the company exceeded Wall Street profit estimates in Q3. Client retention remains strong, and positive bookings growth was noted. Other brokerages, including Morgan Stanley and Stifel, have also increased their price targets, with the median target across 18 brokerages set at $140.50. Paychex, serving over 745,000 clients in the U.S. and Europe, is up approximately 7% year-to-date.
TradingView
United States Dollar Paychex, Inc. USA
Business & Industry, Market Report
11:47 27.03.2025

deutsche bank raises paychex price target to 147 maintains hold rating

Deutsche Bank has raised its price target on Paychex, Inc. to $147 from $140 while maintaining a Hold rating. Paychex specializes in integrated management software and outsourcing services for small and mid-sized companies, with a focus on payroll and HR management, which constitutes over 73% of its sales. All revenue is generated in the United States.
MarketScreener
United States Dollar Paychex, Inc. USA
Business & Industry, Market Report
10:29 27.03.2025

markets brace for central bank decisions and economic data releases

Markets are bracing for a prolonged period of high interest rates following the Federal Reserve's recent policy decision, which raised forecasts for inflation and GDP growth while signaling caution on future cuts. The dollar surged, impacting emerging markets and tech stocks, with Micron Technology shares plummeting after disappointing earnings. Meanwhile, global central banks, including the Bank of England and Brazil's central bank, are navigating their own monetary challenges amid rising inflation and economic pressures.
reuters.com
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