Zacks Investment Research downgraded shares of PAYCHEX INC (PAYX) from OUTPERFORM to NEUTRAL on December 16, 2014, with a target price of $50.90.
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.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on PAYCHEX INC (PAYX),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment