TD Cowen analyst Jared Levine maintains $Paycor HCM (PYCR.US)$ with a hold rating, and maintains the target price at $18.
According to TipRanks data, the analyst has a success rate of 43.8% and a total average return of -0.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Paycor HCM (PYCR.US)$'s main analysts recently are as follows:
Paycor HCM has posted a robust first-quarter performance that met expectations. This solid showing is likely to elicit a somewhat favorable response in its stock value.
The firm has increased its future revenue outlook for Paycor HCM, taking into account the substantial over-achievement in the recent quarter. It is anticipated that the share price will continue to rise in conjunction with similar companies in the payroll sector, particularly with the expectation of positive developments from the analyst day scheduled for November 21.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
