TD Cowen Lowers PT on Paycom Software (PAYC) Stock

Group 1 - Paycom Software, Inc. (NYSE:PAYC) is considered an oversold fundamentally strong stock, with analysts providing mixed price targets and ratings [1][2][3] - TD Cowen analyst Jared Levine lowered the price target to $184 from $200 while maintaining a "Buy" rating, reflecting updated Fed Funds rate expectations [1] - Citi reduced its price target to $185 from $191, keeping a "Neutral" rating, citing stable but uncertain demand in the application software sector [2] - BTIG analyst Allan Verkhovski upgraded Paycom to "Buy" with a price target of $195, emphasizing the company's potential for double-digit recurring revenue growth despite disappointing Q3 2025 results [3] Group 2 - Paycom Software provides a cloud-based human capital management (HCM) solution as software-as-a-service, targeting small to mid-sized companies [3]