William Blair Remains Bullish on CBIZ, Inc. (CBZ)

CBIZ, Inc. (NYSE:CBZ) is one of the top oversold NYSE stocks to buy now. On July 24, William Blair analyst Andrew Nicholas reiterated a bullish stance on CBIZ, Inc. (NYSE:CBZ), giving the stock a Buy rating without assigning a price target.

A close-up of an accountant in a suit, examining a financial report.

The analyst supported his positive rating with the company’s strategic cost management and resilience, stating that CBIZ, Inc. (NYSE:CBZ) managed to maintain its full-year guidance while battling challenges such as tariff uncertainties, geopolitical tensions, and reduced government funding.

According to the analyst, CBIZ, Inc. (NYSE:CBZ) has the potential to offset revenue pressure through solid cost control measures, including a reduction in discretionary spending and incentive compensation. This has resulted in an improvement in the company’s adjusted EPS and adjusted EBITDA margin.

CBIZ, Inc. (NYSE:CBZ) functions as a professional services advisor to middle-market businesses and organizations nationwide. The company’s services span tax, accounting, benefits, advisory, technology, and insurance. Its operations are divided into the following segments: Financial Services, Benefits and Insurance Services, and National Practices.

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Disclosure: None. This article is originally published at Insider Monkey.