Paychex, Inc. Reports First Quarter Results

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Paychex (PAYX) PT Raised to $59 at Morgan Stanley

October 4, 2017 8:35 AM UTC

Morgan Stanley raised its price target on Paychex (NASDAQ: PAYX) to $59.00 (from $55.00) while maintaining a Equalweight rating.

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Paychex (PAYX) Tops Q1 EPS by 2c, Updates Guidance

October 3, 2017 8:33 AM UTC

Paychex (NASDAQ: PAYX) reported Q1 EPS of $0.62, $0.02 better than the analyst estimate of $0.60. Revenue for the quarter came in at $816.8 million versus the consensus estimate of $816.3 million.

Our outlook for the fiscal year ending May 31, 2018 (fiscal 2018) is based upon current market, economic, and interest rate... More