- Morgan Stanley raised Paychex (PAYX) price target from $107 to $109 per share.
- Paychex's Small Business Jobs Index rose to 99.83 in June 2026, fourth straight monthly gain. West region and Leisure & Hospitality led; hourly earnings +2.80%, weekly hours +0.14%.
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Key facts: MS Raises Paychex Target to $109; Small-Biz Jobs Index 99.83
Morgan Stanley raised Paychex (PAYX) price target from $107 to $109 per share.Paychex's Small Business Jobs Index rose to 99.83 in June 2026, fourth straight monthly gain. West reg