| Firm | Analyst |
|---|---|
| Baird | Mark Marcon |
| BMO | Daniel Jester |
| Citi | Bryan Keane |
| Jefferies | Samad Samana |
| JP Morgan | Tien-Tsin Huang |
| Morgan Stanley | James Faucette |
| Northcoast Research | Kartik Mehta |
| RBC | Ashish Sabadra |
| Stephens | Charles Nabhan |
| Stifel | David Grossman |
| TD Cowen | Bryan Bergin |
| UBS | Kevin McVeigh |
| Wells Fargo | Jason Kupferberg |
| William Blair | Andrew Nicholas |
| Wolfe Research | Scott Wurtzel |
Paychex, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Paychex, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Paychex, Inc. or its management. Paychex, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.