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Paycom price target lowered to $140 from $195 at BTIG

BTIG analyst Allan Verkhovski lowered the firm’s price target on Paycom (PAYC) to $140 from $195 and keeps a Buy rating on the shares after its Q4 results. The company’s FY26 recurring revenue guide for 7.5% came in below the firm’s expectation of about 9%, the analyst tells investors in a research note.

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