Paychex, Fidelity National Information downgraded at Barclays

Jan. 17, 2023 10:13 AM ETPaychex, Inc. (PAYX), RPAY, SQ, PYPL, FISV, FISBy: Max Gottlich, SA News Editor2 Comments

Fintech financial technology


Citing ongoing macroeconomic pressure and a softening demand backdrop, Barclays analyst Ramsey El-Assal on Tuesday downgraded Paychex (NASDAQ:PAYX) stock to Underweight from Equal Weight while also cutting shares of Fidelity National Information Systems (NYSE:FIS) to Equal

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