RBC Capital sets $165 price target for Paychex (PAYX), predict 9.55% increase

From Financial Modeling Prep: 2025-06-24 16:11:00

RBC Capital sets a price target of $165 for NASDAQ:PAYX, predicting a 9.55% increase. Fourth-quarter earnings expected to be $1.19 per share and revenue $1.42 billion. Founder Thomas Golisano stepping down from the board may influence strategic direction.

Paychex, Inc. (NASDAQ:PAYX) offers payroll and HR services for small to medium-sized businesses. Competes with ADP and Intuit. RBC Capital sets $165 price target, anticipating 9.55% increase. Q4 earnings projected at $1.19/share and $1.42 billion revenue.

Ashish Sabadra from RBC Capital sets $165 price target for NASDAQ:PAYX, indicating 9.55% potential increase. Stock currently at $150.85, trading volume of 1,244,609 shares. Founder Thomas Golisano to step down from board, impacting strategic direction. Market awaits Q4 earnings report with $1.19 EPS and $1.42 billion revenue.



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