JP Morgan Upgrades Paychex To Neutral

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JP Morgan upgraded
Paychex, Inc.PAYX
from Underweight to Neutral. The price target for Paychex has been raised from $43.00 to $48.00. Paychex shares have climbed 19.49 percent over the past 52 weeks, while the S&P 500 index has surged 11.75 percent in the same period. Paychex shares closed at $48.98 yesterday.
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Posted In: UpgradesAnalyst RatingsJP Morgan
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