Paycor HCM price target lowered to $25 from $28 at Stifel

Stifel lowered the firm’s price target on Paycor HCM to $25 from $28 and keeps a Buy rating on the shares. The company’s Q1 results were better than expected across the board as the company continues to benefit from solid execution, expanded sales coverages, successful cross-selling efforts, pricing initiatives, and healthy employment trends, the analyst tells investors.