Deutsche Bank analyst Bhavin Shah lowered the firm’s price target on Paycom to $370 from $400 and keeps a Buy rating on the shares. The company’s Q1 report underscores its market opportunity with International "a new wrinkle," the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on PAYC:
- Paycom price target lowered to $399 from $417 at Piper Sandler
- Paycom price target lowered to $300 from $350 at Mizuho
- Paycom price target lowered to $375 from $430 at Credit Suisse
- Paycom price target lowered to $405 from $432 at KeyBanc
- Paycom raises FY23 revenue view to $1.713B-$1.715B, consensus $1.7B
