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Paychex Inc. Surges to 362nd in Trading Volume with $279 Million in Shares Exchanged
Generated by AI AgentAinvest Volume Radar
Tuesday, May 27, 2025 7:56 pm ET1min read
On May 27, 2025,
Inc. (PAYX) saw a significant increase in trading volume, with a total of $279 million in shares exchanged, marking a 65.01% rise from the previous day. This surge placed Paychex at the 362nd position in terms of trading volume for the day. The stock price of Paychex also rose by 1.85%.Paychex's stock price increase ended a four-day losing streak, reflecting a broader positive trend in the market. The company's shares reached a buy point of a flat base, indicating potential for further growth. This movement was part of an overall favorable trading session for the stock market, with major indices showing gains.
Jefferies has maintained a Hold rating for Paychex, Inc. while increasing its price target from $215 to $250. This adjustment is part of a broader reevaluation of the company's prospects, suggesting that analysts remain cautiously optimistic about its future performance.
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