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Benzinga

Business

Priya Nigam

Paychex Faces Growth Gap: Can It Deliver On 2026 Targets?

Paychex PAYX Stifel David Grossman

Beaverton,,Or,,Usa,-,May,8,,2019:,The,Paychex,Beaverton

The primary challenge in Paychex Inc.'s (NASDAQ:PAYX) latest results and guidance is reconciling the fiscal fourth quarter's 3% year-on-year organic revenue growth with the 5% guidance for fiscal 2026, according to Stifel.

The Paychex Analyst: Analyst David Grossman maintained a Hold rating, while reducing the price target from $156 to $152.

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