UBS initiates Automatic Data (ADP +1.2%) and Paychex (PAYX +2%) Buy ratings ahead of what it...

|About: Automatic Data Processing, ... (ADP)|By:, SA News Editor

UBS initiates Automatic Data (ADP +1.2%) and Paychex (PAYX +2%) Buy ratings ahead of what it sees as a U.S. recovery, noting that both companies have limited international exposure and attractive dividend yields.