TD Cowen analyst Bryan Bergin raised the firm’s price target on ADP (ADP) to $321 from $298 and keeps a Hold rating on the shares. The firm updated its estimates to account for the latest fed funds rate expectations, yield curve movement, and FX.
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Read More on ADP:
- Hold Rating on Automatic Data Processing Amid Revised Revenue and EPS Projections
- Automatic Data Processing Issues $1 Billion in Senior Notes
- Hold Rating for ADP Amid Solid Performance and Market Challenges
- ADP price target raised to $298 from $296 at TD Cowen
- ADP Reports Strong Q3 Fiscal 2025 Results
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