UBS lowered the firm’s price target on Paycom (PAYC) to $245 from $285 and keeps a Buy rating on the shares. The firm expects AI adoption to drive sustainable growth.
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Read More on PAYC:
- Paycom’s Strategic Investments and Financial Performance Lead to Hold Rating Amid Growth Transition
- Paycom price target lowered to $180 from $220 at Mizuho
- Paycom price target lowered to $190 from $225 at Jefferies
- Paycom: Balancing Growth Potential and Market Risks – A Hold Recommendation
- Balanced Outlook for Paycom: Hold Rating Amid Uncertainty and Promising Automation Shift