Paychex, Fidelity National Information downgraded at Barclays (NASDAQ:PAYX)

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Citing ongoing macroeconomic stress and a softening demand backdrop, Barclays analyst Ramsey El-Assal on Tuesday downgraded Paychex (NASDAQ:PAYX) inventory to Underweight from Equal Weight whereas additionally chopping shares of Fidelity National Information Systems (NYSE:FIS) to Equal

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