Paycom Software (PAYC) Tops Q4 EPS by 9c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus, FY20 Revenue Views Above Consensus

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Go back to Paycom Software (PAYC) Tops Q4 EPS by 9c, Revenues Beat; Offers Q1 Revenue Guidance Below Consensus, FY20 Revenue Views Above Consensus

Paycom Software (PAYC) PT Raised to Street High $372 at Needham & Company

February 6, 2020 6:28 AM EST

Needham & Company analyst Ryan MacDonald raised the price target on Paycom Software (NYSE: PAYC) to $372.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "We are reiterating our Buy rating, while increasing our PT to $372, on Paycom (PAYC) following strong 4Q19 results, in which... More