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Fly News Breaks for May 3, 2017
PAYC
May 3, 2017 | 07:45 EDT
Baird analyst Mark Marcon raised his price target on Paycom to $70 from $60 as Q1 results exceeded expectations against extremely tough comps. Marcon said the company's organic growth reinforced his thesis the company can grow with high margins through its intuitive solution combined with excellent sales execution. Marcon reiterated his Outperform rating on Paycom shares.
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