UPDATE: Paycom Software (PAYC) PT Raised to $246 at KeyBanc

June 20, 2019 4:57 AM UTC
Get Alerts PAYC Hot Sheet
Price: $138.01 +0.99%

Rating Summary:
    15 Buy, 17 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
(Updated - June 20, 2019 7:07 AM EDT)

(updated to add analyst comments)

KeyBanc analyst Brent Bracelin raised its price target on Paycom Software (NYSE: PAYC) to $246.00 (from $215.00) while maintaining an Overweight rating.

  • Margin Strength Appears Sustainable
  • roughly 70% of HR applications are still tied to on-premise deployments implying a long and stable growth runway
  • raising estimates based on incremental confidence in the Company's ability to maintain its industry leading growth rate and improve margins addressing small- and medium-sized business needs


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst PT Change

Related Entities

KeyBanc