Paycom Software, Inc. Reports Third Quarter 2022 Results

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Paycom Software (PAYC) PT Raised to $395 at Jefferies

November 2, 2022 8:56 AM EDT

Jefferies analyst Samad Samana raised the price target on Paycom Software (NYSE: PAYC) to $395.00 (from $390.00) while maintaining a Buy rating.

The analyst commented, "PAYC beat consensus for total rev and EBITDA. Recurring rev upside (~2%) was more modest than recent quarters (~3%) and growth of 30%... More