What 10 Analyst Ratings Have To Say About Paylocity Holding
Portfolio Pulse from Benzinga Insights
Over the last three months, 10 Wall Street analysts have provided ratings for Paylocity Holding (NASDAQ:PCTY), with an average 12-month price target of $207.5, a decrease of 17.74% from the previous target of $252.25. The ratings include 1 bullish, 5 somewhat bullish, and 4 indifferent, with no bearish or somewhat bearish ratings. The high price target is $250.00 and the low is $160.00.
December 11, 2023 | 7:00 pm
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NEUTRAL IMPACT
Analysts have set a new average price target for Paylocity Holding at $207.5, reflecting a 17.74% decrease from the previous target, with a majority of analysts being bullish or somewhat bullish.
The decrease in the average price target could suggest a tempered outlook on the company's future performance, which might lead to short-term price volatility. However, the overall positive ratings from analysts could mitigate negative sentiment and suggest a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100