Barclays Maintains Equal-Weight on Paycom Software, Raises Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paycom Software and raises the price target from $172 to $181.
October 31, 2024 | 6:26 pm
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Barclays has maintained its Equal-Weight rating on Paycom Software but increased the price target from $172 to $181, indicating a positive outlook.
The increase in the price target from $172 to $181 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 relative to the market, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100