Automatic Data Processing, Inc. (NASDAQ:ADP) is included among the 15 Dividend Stocks to Buy for Steady Income. Guggenheim Initiates ADP as Buy, Says Fears around AI Are Premature On March 19, Guggenheim initiated coverage of Automatic Data Processing, Inc. (NASDAQ:ADP) with a Buy rating. The firm also set a $270 price target on the stock.  The analyst noted that ADP has lagged the S&P 500 so far this year. That has largely been tied to concerns that AI could replace workers and weigh on seat-based softw ...