Asia-Pacific Markets Mixed Amid Jefferies’ Analyst Adjustments and Indian Rupee Weakness
Key TakeawaysJefferies has lowered its price target for Paycom Software Inc. (PAYC) to $225 from $250, reflecting a revised outlook for the payroll software provider.The firm also initiated a Buy rating for TransMedics Group Inc. (TMDX), setting a price target of $145, indicating confidence in the organ transplant technology company.The Indian Rupee opened weaker at 88.75 against the US Dollar, compared to its previous close of 88.68, continuing a trend of depreciation influenced by foreign fund outflows an ...