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Paychex Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Paychex will release Q3 results on March 26, $1.48 earnings expected. 2. Projected revenue is $1.51 billion, up from $1.44 billion last year. 3. Analyst ratings remain mixed, with price targets generally increasing. 4. Shares fell 0.5% to close at $144.13 ahead of results announcement.

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FAQ

Why Neutral?

The expectations of moderate earnings growth are offset by recent share decline. Past financial performance suggests sustained interest but not aggressive bullish sentiment.

How important is it?

The upcoming earnings report could influence PAYX's price, yet mixed analyst views limit the intensity of anticipated impact.

Why Short Term?

Immediate reactions to earnings announcements typically lead to short-term price adjustments, but medium-term trends will depend on subsequent performance.

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