Cantor Fitzgerald analyst Matthew VanVliet lowered the firm’s price target on Paycom (PAYC) to $135 from $170 and keeps a Neutral rating on the shares. Sentiment for the payroll group is subdued heading into Q4 earnings, the analyst tells investors in a research note. The firm expects Paycom to report in-line Q4 revenue, while EBITDA posts a slight beat and 2026 guidance comes into focus.
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