Automatic Data Processing upgraded to Buy from Neutral at Goldman Goldman upgraded ADP based on earnings power driven by product innovation, capital allocation, and high visibility. Price target raised to $68 from $53.
News For ADP From The Last 14 Days
Check below for free stories on ADP the last two weeks.
ADP says network was not breached or compromised by attack ADP issued a statement regarding the New Jersey U.S. Attorney's amended complaint that further clarifies specifics surrounding the involvement of ADP in an international cybercrime conspiracy case announced by the U.S. Attorney on June 12. The company said that at no time was the ADP network ever breached or compromised by the efforts of these cybercriminals. These criminals instead succeeded in tricking ADP clients into divulging their account information and then used these credentials to access individual client accounts.
Automatic Data Processing to host conference call Conference call to discuss the May 2013 ADP National Employment Report will be held on June 5 at 8:15 am.