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Fly News Breaks for February 6, 2020
Feb 6, 2020 | 07:09 EDT
Cantor Fitzgerald analyst Drew Kootman raised his price target for Paycom Software to $314 from $234 and maintains a Neutral rating on the shares. The company reported results above expectations and issued strong annual revenue guidance, but management issued weaker than expected margin guidance, Kootman tells investors in a research note. The analyst considers the stock's risk/reward as balanced at current levels.
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