“People Didn’t Like” Paychex (PAYX)’s Quarter

We recently published 9 Stocks Jim Cramer Talked About.  Paychex, Inc. (NASDAQ:PAYX) is one of the stocks on Jim Cramer talked about. Paychex, Inc. (NASDAQ:PAYX)’s shares are down 17% year-to-date and has seen several price target cuts recently. The firm reported its second-quarter earnings on December 19th and posted $1.56 billion in revenue to slightly miss analyst estimates of $1.57 billion. Ahead of the earnings, BMO Capital had cut Paychex, Inc. (NASDAQ:PAYX)’s share price target to $121 from $140 an ...