Automatic Data Processing (ADP) – Research Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Automatic Data Processing (NASDAQ: ADP) in the last few weeks:

• 7/9/2026 – Automatic Data Processing had its price target raised by Wells Fargo & Company from $214.00 to $248.00. They now have an “equal weight” rating on the stock.
• 7/8/2026 – Automatic Data Processing had its price target raised by Stifel Nicolaus from $240.00 to $260.00. They now have a “hold” rating on the stock.
• 7/7/2026 – Automatic Data Processing had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 7/6/2026 – Automatic Data Processing had its price target raised by TD Cowen from $216.00 to $223.00. They now have a “hold” rating on the stock.
• 5/18/2026 – Automatic Data Processing was upgraded by TD Cowen to “hold”.
• 5/18/2026 – Automatic Data Processing was upgraded by Wells Fargo & Company from “underweight” to “equal weight”. They now have a $214.00 price target on the stock.

Automatic Data Processing, Inc (ADP) is a global provider of cloud-based human capital management (HCM) and payroll solutions. Founded in 1949 and headquartered in Roseland, New Jersey, ADP began as a payroll processing company and has evolved into a diversified provider of workforce management, HR, benefits administration, tax and compliance services, and analytics for employers of all sizes.

ADP’s product portfolio includes payroll processing and tax filing, time and attendance systems, benefits administration, talent management, and HR outsourcing.