Paychex price target raised to $142 from $125 at UBS

UBS analyst (Kevin McVeigh):(https://www.tipranks.com/experts/analysts/kevin-mcveigh) raised the firm’s price target on Paychex to $142 from $125 and keeps a Neutral rating on the shares. The analyst expects a “pause” for the shares given the company’s 2025 outlook and lack of catalysts post the fiscal Q1 report.