William Blair Downgrades Paycom Software to Market Perform
Portfolio Pulse from Benzinga Newsdesk
William Blair analyst Matthew Pfau has downgraded Paycom Software (NYSE:PAYC) from Outperform to Market Perform.
November 01, 2023 | 12:49 pm
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Paycom Software has been downgraded from Outperform to Market Perform by William Blair analyst Matthew Pfau.
Analyst ratings often have a direct impact on stock prices. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will not outperform the market in the near future. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100