Jefferies downgrades NASDAQ:ADP from Hold to Underperform despite recent innovations.ADP integrates with Thatch ICHRA platform, aiming to benefit over 900,000 small businesses.The stock experiences a slight decrease, reflecting market reactions to both the downgrade and the new integration.Automatic Data Processing, Inc. (NASDAQ:ADP) is a prominent provider of human resources management software and services. The company offers a range of solutions, including payroll, talent management, and benefits adminis ...