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Stephens Sticks to Their Hold Rating for Paychex (PAYX)

Tipranks - Tipranks - Sat Jan 17, 8:32AM CST

Stephens analyst Charles Nabhan maintained a Hold rating on Paychex today and set a price target of $125.00.

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According to TipRanks, Nabhan is an analyst with an average return of -4.8% and a 41.10% success rate. Nabhan covers the Technology sector, focusing on stocks such as Fiserv, NCR Voyix, and nCino.

The word on The Street in general, suggests a Hold analyst consensus rating for Paychex with a $120.92 average price target.

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Based on Paychex’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $1.56 billion and a net profit of $395.4 million. In comparison, last year the company earned a revenue of $1.32 billion and had a net profit of $413.4 million

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