Paycor HCM Inc (PYCR) PT Lowered to $19 at TD Cowen
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Price: $22.49 --0%
Rating Summary:
3 Buy, 16 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 11 | New: 7
Rating Summary:
3 Buy, 16 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 11 | New: 7
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(Updated - May 9, 2024 4:40 AM EDT)
TD Cowen analyst Bryan Bergin lowered the price target on Paycor HCM Inc (NASDAQ: PYCR) to $19.00 (from $21.00) while maintaining a Hold rating.
The analyst commented: "PYCR reported a smaller than anticipated 3Q beat and a 4Q ex float growth guide below consensus due to ERTC processing delays & additional conservatism on net client hiring assumptions. Expect shares to react slightly negatively and remain range-bound ahead of initial FY25 guidance."
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