TD Cowen analyst Jared Levine lowered the firm’s price target on Paycom (PAYC) to $200 from $258 and keeps a Buy rating on the shares. The firm said they reported softer than anticipated 3Q results and affirmed its FY25 guides, missing expectations of a raise.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PAYC:
- Paycom price target lowered to $220 from $235 at JPMorgan
- Why Elon Musk’s Trillion-Dollar Pay Plan Isn’t a Sure Thing. Here’s Some Cautionary Tales.
- Paycom price target lowered to $245 from $285 at UBS
- Paycom’s Strategic Investments and Financial Performance Lead to Hold Rating Amid Growth Transition
- Paycom price target lowered to $180 from $220 at Mizuho
