Paycom Gets Thumbs Up From Analysts Post Q2 Beat; Shares Pop
Paycom Software, Inc (NYSE: PAYC) clocked 31% revenue&n
Benzinga ·
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The Latest Breaking News from Kevin Mcveigh
Credit Suisse Reasons Why It Remains Bullish On Paychex Despite Selloff Post Q4 Beat
Credit Suisse analyst Kevin Mcveigh maintained Paychex, Inc (NASDAQ:PAYX) with an Outperform and cut the price target from $165 to $140. While his view remains overly bullish, he recognizes that the -4% selloff in the PAYX stock was likely due to macroeconomic uncertainty impacting the relative market amid decelerating growth, mainly due to tougher comparisons.…
Benzinga ·
Read How Analysts Reacted To Paycom Software's Q1 Results
Analysts reiterated their ratings on Paycom Software, Inc (NYSE:PAYC) post Q1 results. Needham analyst Ryan MacDonald reiterated the Buy rating and $450 price target on Paycom Software following the company's stellar start to FY22, in which revenue and adjusted EBITDA exceeded consensus expectations. PAYC put up a sizeable 1Q22 beat and raise driven by solid sales…
Benzinga ·
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