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Enter Symbol:
 
Paychex, Inc. (PAYX) [hlAlert]

Rating:
Buy PAYX
up 4.21 %

Paychex, Inc. (PAYX) rated Buy with price target $59 by Argus

Posted on: Friday,  Dec 25, 2015  8:25 AM ET by Argus

Argus rated Buy Paychex, Inc. (NASDAQ: PAYX) on 12/25/2015. Previously Argus rated Buy Paychex, Inc. (NASDAQ: PAYX) on 10/13/2014., when
the stock price was $43.42. Since then, Paychex, Inc. has gained 4.21% as of 12/24/2015's recent price of $45.25.
If you would have followed the previous Argus's recommendation on PAYX, you would have gained 4.21% of your investment in 437 days.

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 taxpreparation service provided to small-to medium-sized business. The Professional Employer Organization segment provides human resource products and services.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/25/2015 8:25 AM Buy
None
59.00
as of 8/27/2015
1 Week down  -4.97 %
1 Month down  -7.27 %
3 Months down  -9.37 %
1 YTD down  -2.05 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/24/2015 8:25 AM Buy
None
54.05 59.00
1/7/2015 9:25 AM Buy
None
46.20 53.00
10/13/2014 9:25 AM Buy
None
43.42 49.00
7/17/2013 8:25 AM Hold
None
39.15

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