Paycom Software shares are trading higher after BMO Capital maintained a Market Perform rating and raised its price target on the stock from $183 to $197.
Portfolio Pulse from Benzinga Newsdesk
Paycom Software shares rose following BMO Capital's decision to maintain a Market Perform rating and increase the stock's price target from $183 to $197.
October 31, 2024 | 2:17 pm
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Paycom Software shares increased after BMO Capital raised its price target from $183 to $197, while maintaining a Market Perform rating.
The increase in price target by BMO Capital suggests a positive outlook on Paycom's future performance, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100