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

Rating:
Outperform
PAYX
up 51.03 %

Paychex, Inc. (PAYX) rated Outperform by Wells Fargo

Posted on: Tuesday,  Sep 22, 2009  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Paychex, Inc. (NASDAQ: PAYX) on 09/22/2009, when the stock price was $29.96. Since
then, Paychex, Inc. has gained 51.03% as of 12/24/2015's recent price of $45.25.
If you would have followed this Wells Fargo's recommendation on PAYX, you would have gained 51.03% of your investment in 2284 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/22/2009 8:25 AM Buy
None
29.96
as of 12/31/2009
1 Week up  5.05 %
1 Month up  3.98 %
3 Months up  12.22 %
1 YTD up  8.81 %

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