Analyst Expectations for Paycom Software's Future
Portfolio Pulse from Benzinga Insights
In the last quarter, Paycom Software (NYSE:PAYC) received 13 analyst ratings, with an average 12-month price target of $388.23, up 7.41% from the previous average of $361.44. The ratings included 3 bullish, 5 somewhat bullish, and 5 indifferent.
August 29, 2023 | 1:00 pm
News sentiment analysis
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POSITIVE IMPACT
Paycom Software received mostly positive to neutral ratings from analysts, with an increased 12-month price target.
The increased average price target and the majority of positive to neutral ratings indicate a positive outlook for Paycom Software. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100