Paychex Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Financial Results - Paychex, Inc. is set to release its third-quarter financial results on March 26, with expected earnings of $1.48 per share, an increase from$1.38 per share in the same period last year [1] - The company projects quarterly revenue of $1.51 billion, compared to$1.44 billion a year earlier [1] Analyst Ratings - UBS analyst Kevin Mcveigh maintained a Neutral rating for Paychex and raised the price target from $152 to$155 [2] - Barclays analyst Ramsey El-Assal maintained an Equal-Weight rating and raised the price target from $135 to$140 [4] - RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $148 [4] - TD Cowen analyst Bryan Bergin maintained a Hold rating and increased the price target from$131 to $146 [4] - JP Morgan analyst Tien-Tsin Huang maintained an Underweight rating and increased the price target from$133 to $139 [4] - Citigroup analyst Peter Christiansen reiterated a Neutral rating with a price target of$145 [4] Stock Performance - Paychex shares fell 0.5% to close at $144.13 on Tuesday [2]