Citi lowered the firm’s price target on ADP (ADP) to $303 from $310 and keeps a Neutral rating on the shares following a transfer of coverage. The firm sees the slowing of employment trends and longer sales cycles offsetting the company’s favorable demand trends.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADP:
- 3 Best Dividend Aristocrat Stocks to Buy Now, 10/22/2025
- ADP initiated with an Underweight at Wells Fargo
- Private Markets: Oura reaches $11B valuation after $900M funding round
- ADP price target lowered to $294 from $317 at TD Cowen
- Hold Rating for Automatic Data Processing Amid Minor Estimate Adjustments and Stable Price Target