Automatic Data Processing (ADP): New Sell Recommendation for This Technology Giant
Automatic Data Processing (ADP): New Sell Recommendation for This Technology Giant
Publish Date: 2026-02-21 07:28:00
Source Domain: www.theglobeandmail.com
In a report released yesterday, Jason Kupferberg from Wells Fargo maintained a Sell rating on Automatic Data Processing, with a price target of $262.00. The company’s shares closed yesterday at $215.97.
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Kupferberg covers the Technology sector, focusing on stocks such as Automatic Data Processing, Jack Henry & Associates, and Paychex. According to TipRanks, Kupferberg has an average return of -6.0% and a 46.41% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Automatic Data Processing with a $276.83 average price target.
Based on Automatic Data Processing’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.36 billion and a net profit of $1.06 billion. In comparison, last year the company earned a revenue of $5.05 billion and had a net profit of $963.2 million
