Fly News Breaks for March 20, 2017
Mar 20, 2017 | 06:55 EDT
Jefferies analyst John DiFucci raised his price target for Paycom to $59 citing his expectations for higher free cash flow growth. Paycom is one of the best-positioned companies to capitalize on the "significant opportunity" for HCM/Payroll SaaS solutions, the analyst writes in a research note titled "Human Capital Cash Machine." The analyst keeps a Buy rating on the shares.
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