JMP Securities Reiterates Market Outperform on Paylocity Holding, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a 'Market Outperform' rating on Paylocity Holding (NASDAQ:PCTY) and maintained a price target of $250. This endorsement reflects a positive outlook on the company's stock performance.
January 22, 2024 | 8:24 pm
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JMP Securities analyst reaffirms a positive 'Market Outperform' rating on Paylocity Holding with a steady price target of $250, indicating a continued bullish stance on the company's stock.
The reiteration of a 'Market Outperform' rating and the maintenance of a $250 price target by a reputable analyst like Patrick Walravens can instill confidence in investors and potentially lead to a positive short term impact on Paylocity's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100