Barclays Maintains Equal-Weight on Paycom Software, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software and raises the price target from $167 to $172.
October 11, 2024 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Paycom Software while increasing the price target from $167 to $172, indicating a slightly positive outlook.
The increase in the price target from $167 to $172 suggests a slightly positive outlook for Paycom Software, which could lead to a minor positive impact on the stock price. However, the Equal-Weight rating indicates a neutral stance overall, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100