TD Cowen Assigns Hold Rating to Paychex (PAYX) Stock
TD Cowen analyst Bryan Bergin assigned a 'Hold' rating to Paychex (PAYX) and lowered its price target to $94 from $95. The downgrade was based on revised revenue forecasts for fiscal 2026–2028, reflecting weaker growth expectations in the Management Solutions and PEO & Insurance segments.
Tickers: $PAYX
Topics: analyst report Hold rating Paychex PAYX price target change stock rating TD Cowen