Mizuho raised the firm’s price target on Paycor HCM (PYCR) to $22.50 from $20 and keeps a Neutral rating on the shares following the company’s agreement to be acquired for $22.50 per share. The firm does not expect another bidder to come forward at this point with a higher price.
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Read More on PYCR:
- Paycor HCM downgraded to Market Perform from Outperform at BMO Capital
- Paycor HCM downgraded to Hold from Buy at Stifel
- Paycor HCM downgraded to Hold from Buy at Needham
- Paychex to acquire Paycor HCM, Getty and Shutterstock to merge: Morning Buzz
- M&A News: Paychex (NASDAQ:PAYX) Will Acquire PYCR for $4.1B