Citigroup Maintains Neutral on Paycom Software, Lowers Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders maintains a Neutral rating on Paycom Software (NYSE:PAYC) but lowers the price target from $193 to $162.
June 18, 2024 | 9:54 pm
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Citigroup analyst Steven Enders maintains a Neutral rating on Paycom Software (NYSE:PAYC) but lowers the price target from $193 to $162.
The lowered price target from $193 to $162 by Citigroup suggests a less optimistic outlook for Paycom Software, which could negatively impact investor sentiment and the stock price in the short term.
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