The latest price target for Paychex (NASDAQ:PAYX) was reported by JP Morgan on November 19, 2024. The analyst firm set a price target for $139.00 expecting PAYX to fall to within 12 months (a possible -3.26% downside). 29 analyst firms have reported ratings in the last year.

The latest analyst rating for Paychex (NASDAQ:PAYX) was provided by JP Morgan, and Paychex maintained their underweight rating.

The last upgrade for Paychex Inc happened on December 14, 2023 when Barclays raised their price target to N/A. Barclays previously had an underweight for Paychex Inc.

The last downgrade for Paychex Inc happened on December 22, 2023 when TD Cowen changed their price target from $132 to $123 for Paychex Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paychex, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paychex was filed on November 19, 2024 so you should expect the next rating to be made available sometime around November 19, 2025.

While ratings are subjective and will change, the latest Paychex (PAYX) rating was a maintained with a price target of $133.00 to $139.00. The current price Paychex (PAYX) is trading at is $143.69, which is out of the analyst’s predicted range.