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Fly News Breaks for February 6, 2020
PAYC
Feb 6, 2020 | 05:43 EDT
Jefferies analyst Samad Samana raised his price target for Paycom Software to $290 from $233 while keeping a Hold rating on the shares. The company reported "solid" numbers, but its guidance was "uncharacteristically noisy" as a calendar issue impacted Q1 guidance and full year EBITDA was below consensus due to increased marketing investment, Samana tells investors in a post-earnings research note.
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