UPDATE: Deutsche Bank Raises PT on Paychex on In-Line Quarter, Potential Upside
October 02, 2013 at 11:13 AM EDT
In a report published Wednesday, Deutsche Bank analyst Greg Poole reiterated a Hold rating on Paychex (NASDAQ: PAYX ), and raised the price target from $35.00 to $39.00. In the report, Deutsche Bank noted, “Inline quarter; reiterates guidance. PAYX posted revs of $608m (5.1% Y/Y) and EPS of $0.44, inline
