Piper Sandler Maintains Neutral on Paycom Software, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained a Neutral rating on Paycom Software while raising the price target from $160 to $191.
October 31, 2024 | 9:41 am
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Piper Sandler has maintained a Neutral rating on Paycom Software but increased the price target from $160 to $191, indicating a positive outlook.
The increase in the price target from $160 to $191 suggests a positive outlook for Paycom Software, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100