Guggenheim Assigns Buy Rating to ADP Citing Scale and Diversification Advantages
ByAinvest
Thursday, Mar 19, 2026 11:25 am ET1min read
ADP--
Guggenheim initiated coverage of Automatic Data Processing (ADP) with a Buy rating, citing its scale and diversification as competitive advantages. ADP stock rose 1.3% on Thursday, after underperforming the S&P 500. Guggenheim's Buy rating suggests that the stock has potential for growth and may outperform the broader market in the future.
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