Barclays Maintains Equal-Weight on Paycom Software, Lowers Price Target to $294
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Equal-Weight rating on Paycom Software (NYSE:PAYC) but lowered the price target from $350 to $294.
October 12, 2023 | 7:16 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Paycom Software but lowered the price target from $350 to $294.
The lowering of the price target by Barclays indicates a potential decrease in the stock price of Paycom Software in the short term. This is likely to negatively impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100