ADP Stock Price and Chart — BCBA:ADP

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TD Cowen raised the price target for Automatic Data Processing (ADP) to $302 from $294, keeping a 'Hold' rating. Analysts average a 'Hold' with a target of $313.46.

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About Automatic Data Processing, Inc.

Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions in cloud-based human capital management. It operates through the following business segments: Employer Services, Professional Employer Organization Services, and Other. The Employer Services segment provides clients from single-employee small businesses to large enterprises offering human resources outsourcing and technology-based human capital management solutions and cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resource outsourcing solution through a co-employment mode. The Other segment includes the certain corporate overhead charges and expenses that have not been allocated to the reportable segments. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.