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ADP's Upbeat Q1 Results Earn Price Target Boost; Analyst Trims FIS Price Target On Dismal Q3

Benzinga LogoBenzinga2 mo ago

ADP's Upbeat Q1 Results Earn Price Target Boost; Analyst Trims FIS Price Target On Dismal Q3 - Benzinga

Quick Summary:

Mizuho analyst Dan Dolev maintained Automatic Data Processing Inc (NASDAQ: ADP) with a Buy and raised the price target from $257 to $276.

The company's Q1 results were strong.

The company slightly raised guidance as higher client fund interest drove the overall increase in the outlook, likely offset by higher FX headwinds. 


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ADP's Upbeat Q1 Results Earn Price Target Boost; Analyst Trims FIS Price Target On Dismal Q3 - Benzinga (Picture 1)

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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 16:30:03 (2 months ago)

News Timezone: GMT +8:00

Ranking: #346 (out of 1951 stories this day)

News Source URL: benzinga.com

Language: English

Article Length: 13 words

Reading Time: 1 minutes read

Sentences: 2 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 1934253

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Official Website: benzinga.com

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Year Established: 2010

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News Last Updated: 1 days ago

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Publisher ID: #53

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