KeyBanc analyst Jason Celino raised the firm’s price target on Paycom (PAYC) to $290 from $285 to reflect continued conviction in the company’s execution ability and growth drivers, while keeping an Overweight rating on the shares. The firm notes Paycom posted a strong Q2 beat on the top and bottom line and raised the full-year guide by more than the beat. The focus of the call, however, was IWant, the company’s new command-driven AI assistant.
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