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Automatic Data Processing, Inc. (ADP) [hlAlert]

up 232.78 %

Automatic Data Processing, Inc. (ADP) rated Buy with price target $88 by Stifel

Posted on: Monday,  Mar 10, 2014  9:25 AM ET by Stifel

Stifel rated Buy Automatic Data Processing, Inc. (NASDAQ: ADP) on 03/10/2014, when the stock price was $25.81. Since then, Automatic Data
Processing, Inc. has gained 232.79% of its value until Stifel rated ADP Hold on 12/05/2014, when the price was $85.89.
If you would have followed this Stifel's recommendation on ADP, you would have gained 232.78% of your investment in 270 days.

Automatic Data Processing, Inc. (ADP) is engaged in providing business outsourcing solutions. ADP offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to automotive, heavy truck, motorcycle, marine and recreational vehicle dealers globally. The Company?s segment includes Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. Employer Services offers a range of HR information, payroll processing, tax and benefits administration solutions and services, including traditional and Web-based outsourcing solutions, that assist approximately 540,000 employers in the United States, Canada, Europe, South America (primarily Brazil), Australia and Asia to staff, manage, pay and retain their employees. In November 2009, the Company announced the purchase of HRinterax, Inc.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/5/2014 8:25 AM Hold
as of 10/17/2014
1 Week up  0.02 %
1 Month up  164.23 %
3 Months up  175.44 %
1 YTD up  181.60 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2014 9:25 AM Buy
25.81 29.04

(*) Stock Price at the time of the recommendation.
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