PAYCOM SOFTWARE (PAYC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of PAYCOM SOFTWARE (PAYC) from OUTPERFORM to NEUTRAL on March 12, 2015, with a target price of $36.70.

Paycom Software, Inc. is a provider of a cloud-based human capital management software solution delivered as Software-as-a-Service. It provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Its HCM solution offers a suite of applications in the areas of talent acquisition, time and labor management, and payroll. The company's HCM solution also provides talent management applications, and HR management applications. Paycom Software, Inc. is headquartered in Oklahoma City, Oklahoma.

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