Paychex Downgraded to Neutral and 4 Downgraded Shares to Eye

September 25, 2012

Wall St. Watchdog reveals information about companies for which stock analysts downgraded the shares on September 25th.

Paychex (NASDAQ:PAYX): UBS downgraded its rating on this company from Buy to Neutral and changed its price target to $35.

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Automatic Data (NASDAQ:ADP): UBS downgraded its rating on this company from Buy to Neutral and changed its price target from $64 to $59.

Nabors Industries (NYSE:NBR): Global Hunter Securities downgraded its rating on this company from Accumulate to Neutral and changed its price target from $17 to $16.

Vulcan Materials (NYSE:VMC): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold.

Martin Marietta (NYSE:MLM): KeyBanc Capital Mkts downgraded its rating on this company from Buy to Hold.

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