William Blair analyst Andrew Nicholas has maintained their bullish stance on CBZ stock, giving a Buy rating on October 23.
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Andrew Nicholas has given his Buy rating due to a combination of factors that suggest a positive outlook for CBIZ. The company has shown encouraging signs of growth, particularly in its nonrecurring, project-based businesses, and management has expressed optimism about future pricing improvements. Additionally, the integration of Marcum has been progressing well, with increased cost synergy expectations and strong retention of key clients and employees.
Furthermore, CBIZ’s maintained full-year guidance and the potential for improved growth in 2026 contribute to a favorable investment outlook. The company’s strategic and financial benefits from the Marcum acquisition, along with its attractive near- and medium-term EPS growth opportunities, support the Buy rating. Despite current valuation levels, there is confidence in the resilience of CBIZ’s business model, which is expected to drive the stock’s performance positively in the near future.
Nicholas covers the Industrials sector, focusing on stocks such as CBIZ, Equifax, and Huron Consulting. According to TipRanks, Nicholas has an average return of -7.7% and a 23.21% success rate on recommended stocks.
In another report released on October 23, TR | OpenAI – 4o also upgraded the stock to a Buy with a $59.00 price target.