Barclays Maintains Equal-Weight on Paycom Software, Lowers Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software (NYSE:PAYC) but lowers the price target from $184 to $161.

July 16, 2024 | 3:59 pm
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software but lowers the price target from $184 to $161.
The lowered price target from $184 to $161 by Barclays suggests a less optimistic outlook for Paycom Software, which could negatively impact the stock price in the short term.
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