UBS maintains Neutral on Automatic Data Processing, raises target to $270
UBS analyst Kevin Mcveigh maintained a Neutral rating on Automatic Data Processing (NASDAQ: ADP) and raised the price target to $270 from $260.

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UBS analyst Kevin Mcveigh has maintained a Neutral rating on Automatic Data Processing (NASDAQ: ADP) while adjusting the stock's price target. The firm increased the target to $270, up from the previous level of $260.
Rating and Price Action
The research note reaffirms the Neutral stance on the shares. The revision to the price target reflects an updated valuation view by the brokerage.
| Metric | Value |
|---|---|
| Rating | Neutral |
| New Price Target | $270 |
| Previous Price Target | $260 |
What factors could drive ADP's stock to outperform the new $270 price target?
How might ADP's upcoming earnings report influence UBS's Neutral rating?
What competitive pressures could impact ADP's market position in the near term?



























