Fly News Breaks for February 6, 2020
Feb 6, 2020 | 09:07 EDT
RBC Capital analyst Alex Zukin raised his price target on Paycom to $345 and kept his Outperform rating after the company reported a "strong" Q4. The analyst further notes that its below-consensus Q1 guidance is skewed by a banking holiday, and the company expects to recoup the benefit it Q3. Zukin further cites Paycom's initial margin guidance for FY20 being more positive than it was in each of the last 3 years.
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