Jefferies lowered the firm’s price target on Paycom (PAYC) to $190 from $225 and keeps a Hold rating on the shares. Management maintained prior 2025 targets, making the Q4 starting point in line with consensus, but the firm thinks investors “might be a bit disappointed” in the lack of an upward revision given the positive commentary during the quarter, the analyst says in a post-earnings note. The firm thinks the stock will draw limited interest until investors get clarity on 2026 growth expectations, the analyst added.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAYC:
- Paycom: Balancing Growth Potential and Market Risks – A Hold Recommendation
- Balanced Outlook for Paycom: Hold Rating Amid Uncertainty and Promising Automation Shift
- Paycom Software Reports Strong Q3 2025 Financial Results
- Paycom’s Strategic Moves and Growth Potential: A Buy Rating Amidst Challenges and Opportunities
- Closing Bell Movers: Qualcomm down 3%, Robinhood slips 2% on earnings