Paychex (NASDAQ:PAYX – Get Free Report) had its price target upped by stock analysts at UBS Group from $152.00 to $155.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock.

UBS analyst Joern Iffert maintained a Hold rating on VAT Group AG (VTTGF – Research Report) on March 4 and set a price target of

UBS analyst Jason Napier maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.60. The

International Money Express (NASDAQ:IMXI – Get Free Report) had its price objective dropped by analysts at UBS Group from $22.00 to $17.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock.

BGC Group, a global brokerage and financial technology company, has named Stephen Merkel as Chairman of the Board of Directors. Howard W. Lutnick, who was confirmed by the United States Senate as the 41st Secretary of Commerce, has stepped down as Chief Executive Officer and Chairman of the Board of BGC.

SALES FORECAST: The German pharmaceutical and agricultural conglomerate is expected to post sales of 11.26 billion euros ($11.71 billion) for the quarter ended December, according to a Vara Research consensus. The forecast is below sales of 11.86 billion euros Bayer reported for the same quarter the previous year.