TD Cowen Maintains Hold on Paycom Software, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jared Levine maintains a Hold rating on Paycom Software (NYSE:PAYC) and raises the price target from $171 to $188.
September 23, 2024 | 5:00 pm
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TD Cowen analyst Jared Levine maintains a Hold rating on Paycom Software and raises the price target from $171 to $188, indicating a positive outlook.
The increase in the price target from $171 to $188 suggests a positive outlook for Paycom Software, which could lead to a short-term increase in stock price. However, the Hold rating indicates that the analyst does not see enough upside potential to warrant a Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100