Jul. 29 at 12:48 PM
TOP PICKERS - Barrington Research
SPM 75.75 tag (weghted average).
$CBZ
^^^^ 7/29/2026, 8:00:10 AM ET CBIZ to be acquired by Grant Thornton Advisors in
$5 bln cash deal, with shareholders receiving
$55/share; CBIZ shares halted (46.70)
^^^ 29-Jul-26 07:56 ET
CBIZ shares halted, news pending (46.70)
^^^ 24-Jun-26 08:18 ET CBIZ initiated with an Outperform at Barrington Research; tgt
$45 (30.40)
Barrington Research initiates CBZ with an Outperform and price target of
$45. Analyst Vincent Colicchio offered, "The company ("CBIZ") is targeting large and growing segments of the professional services middle market. According to the National Center for the Middle Market's "Year End 2025 Middle Market Indicator," the middle market in the U.S. consists of over 200,000 companies with approximately
$10 trillion of annual revenue. Middle market companies are earlier in their lifecycle than large enterprises, which provides a long runway for growing professional services relationships... As artificial intelligence (AI) automates lower-end accounting and tax preparation tasks, which will reduce the use of labor and may negatively impact revenue, we expect the company to offset any impacts by redeploying labor to higher-value, higher-margin advisory and project-based services."
