Zacks Investment Research upgraded shares of PAYCHEX INC (PAYX) from NEUTRAL to OUTPERFORM on October 20, 2014, with a target price of $46.90.
Paychex, Inc. is a national provider of payroll, human resource, and employee benefit outsourcing solutions for small-to medium-sized businesses. The company has two reportable business segments: Payroll and Human Resource Services and Professional Employer Organization. Paychex's Payroll segment is a national payroll processing and payroll tax preparation service provided to small-to medium-sized business. The Professional Employer Organization segment provides human resource products and services.
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