BMO Capital Maintains Outperform on Paylocity Holding, Raises Price Target to $246
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains an Outperform rating on Paylocity Holding (NASDAQ:PCTY) and raises the price target from $230 to $246.
August 04, 2023 | 7:47 pm
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POSITIVE IMPACT
BMO Capital maintains an Outperform rating on Paylocity Holding and raises the price target from $230 to $246, which could lead to a positive market sentiment.
The raised price target by BMO Capital indicates a positive outlook for Paylocity Holding. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100