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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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