Stifel Adjusts Automatic Data Processing (ADP) Price Target, Keeps Neutral Stance

Automatic Data Processing, Inc. (NASDAQ:ADP) is included among the 13 Best NASDAQ Dividend Stocks to Buy Now. Stifel Adjusts Automatic Data Processing (ADP) Price Target, Keeps Neutral Stance Photo by Dan Dennis on Unsplash On February 9, Stifel analyst David Grossman lowered his price recommendation on Automatic Data Processing, Inc. (NASDAQ:ADP) to $270 from $280. The analyst maintained a Hold rating on the shares. He noted that the stock is currently trading at a 17% premium to the equal-weight S&P 5 ...