Barclays Maintains Equal-Weight on Paycom Software, Lowers Price Target to $200
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 $294 to $200.
November 01, 2023 | 2:01 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Paycom Software but lowered the price target from $294 to $200.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Paycom Software's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100