Citigroup Maintains Neutral on Paylocity Holding, Raises Price Target to $182
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Enders has maintained a Neutral rating on Paylocity Holding (NASDAQ:PCTY) and increased the price target from $180 to $182.

January 31, 2024 | 8:51 pm
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Citigroup has maintained a Neutral rating on Paylocity Holding and raised the price target slightly from $180 to $182.
The adjustment in price target by Citigroup is marginal, suggesting a minor positive outlook on the stock's valuation. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential in the short term. This could lead to a neutral short term impact on the stock price as the market digests this information.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100