TD Cowen Sticks to Their Hold Rating for Paychex (PAYX)

Business Insider

6 hours ago

In a report released today, Bryan Bergin from TD Cowen maintained a Hold rating on Paychex (PAYX – Research Report), with a price target of $149.00. The company's shares closed today at $137.94.
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According to TipRanks, Bergin is a 3-star analyst with an average return of 2.5% and a 49.43% success rate. Bergin covers the Technology sector, focusing on stocks such as Accenture, Exlservice Holdings, and Genpact.
Paychex has an analyst consensus of Hold, with a price target consensus of $163.33, representing a 18.41% upside. In a report released on June 19, Stifel Nicolaus also maintained a Hold rating on the stock with a $156.00 price target.
The company has a one-year high of $161.24 and a one-year low of $115.40. Currently, Paychex has an average volume of 2.05M.
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAYX in relation to earlier this year. Most recently, in April 2025, Michael Gioja, the SVP of PAYX sold 31,653.00 shares for a total of $4,893,136.23.