TD Cowen analyst Jared Levine lowered the firm’s price target on Paycom (PAYC) to $137 from $184 and keeps a Buy rating on the shares. The firm said they see the print serving as a final potential clearing event for shares with sentiment improving as it delivers beat and raise performance over the year.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAYC: