Billionaire activist investor Bill Ackman made his activist case against Automatic Data Processing ADP public last week, which was well researched and "reflected significant efforts at due diligence," analysts at Baird Equity Research commented in a research report. Ackman and his team did present a series of opportunities for ADP in which the company can boost revenue and gain market share while simultaneously improving its profitability, Baird's Mark Marcon commented in a research report. The presentation also factually pointed out that in its current form ADP is indeed losing market share and needs to improve its competitiveness within the Enterprise space. SourceUpside still holds. $ADP, Automatic Data Processing, Inc. / D