Paychex (NASDAQ:PAYX) Core Business Gradually Improving

Filed in Gold Prices, o, Paychex, target, ubs by on January 21, 2011 0 Comments

Citing potentially stronger employment and sentiment from small business, UBS sees the core business of Paychex (NASDAQ:PAYX) improving. UBS says, “Recent macro data points regarding employment and small-business sentiment have been reflecting gradual improvement in PAYX’s core business, we believe. As a result, we are raising our price target to $32. “We still see longer-term growth

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