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Paycom, Paylocity stocks pop after D.A. Davidson's "BUY" rating

Mar. 30, 2023 12:49 PM ETPaycom Software, Inc. (PAYC), PCTYBy: Ahmed Farhath, SA News Editor
  • D.A. Davidson upgraded its investment rating on Paycom (NYSE:PAYC) and Paylocity (NASDAQ:PCTY), citing limited downside for the payroll software companies.
  • Both companies were upgraded to "Buy" from "Neutral".
  • PAYC shares rose as much 6.3% at $303.77, PCTY stock jumped nearly 5% after the rating

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