Barclays Maintains Equal-Weight on Paycom Software, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software (NYSE:PAYC) and raises the price target from $161 to $167.
August 01, 2024 | 4:37 pm
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software and raises the price target from $161 to $167.
The raised price target from $161 to $167 by Barclays suggests a positive outlook for Paycom Software, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100