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Argus•July 29, 2021
Argus•July 29, 2021Automatic Data Processing, Inc.: Boosting target to $225
Summary
Automatic Data Processing, based in Roseland, New Jersey, is a leading cloud-based business services company. The firm is focused on Human Capital Management (HCM) and has two primary segments: Employer Services, which provides payroll services to companies; and Professional Employer Organization Services, which provides employment administration outsourcing solutions such as benefit managemen
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Analyst Profile
David E. Coleman
Securities Analyst and Quantitative Portfolio StrategistAt Argus Research, David covers various Airline, Tobacco and Materials companies and is also a quantitative portfolio strategist. He received his undergraduate degree from Edinboro University of Pennsylvania, graduating magna cum laude with a Bachelor of Science degree in Biology and a minor in Psychology. Prior to joining Argus, David worked in a variety of industries, ranging from industrial engineering to commercial fishing. David is the great-grandson of Harold B. Dorsey, who founded Argus in 1934. He started his career at Argus in the Economics department.