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0.001307909410064 0.00172093343429476 0.00237488813932676 0.00175535210298063 0.00289116816961511 -0.00178977077166668 0.0121153713774351 0.0093618778825634
Stock impact report

Paycom Software (PAYC): BMO Capital Highlights Contraction in Broader Software Multiples [Yahoo! Finance]

Paycom Software, Inc. (PAYC) 
Last paycom software, inc. earnings: 4/28 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On January 15, BMO Capital reduced its price objective on the company's stock to $175.00 from $190.00, while maintaining a “Market Perform” rating. The research firm highlighted the contraction in broader software multiples as the main reason for the reduction in price target. The firm opines that the likelihood of further multiple compression is lower if Paycom Software, Inc. (NYSE:PAYC) can sustain double-digit recurring revenue growth excluding float. Elsewhere, TD Cowen analyst Jared Levine reduced the firm's price objective on Paycom Software, Inc. (NYSE:PAYC)'s stock to $184 from $200, while keeping a “Buy” rating. Notably, the firm updated its estimates to reflect the latest Fed Funds rate expectations and thoughts ahead of the Q4 2025 results. In a separate release, Citi reduced its price objective on Paycom Software, Inc.'s (NYSE:PAYC) stock to $185 from $191, while keeping a “Neutral” rating, and adjusted its models in the application software group after meeting with Show less Read more
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