6 Analysts Assess Paylocity Holding: What You Need To Know
Portfolio Pulse from Benzinga Insights
Six analysts have recently evaluated Paylocity Holding (NASDAQ:PCTY), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $188.33, up 1.69% from the previous $185.20. Analysts have adjusted their ratings and price targets, reflecting their views on the company's performance and market conditions.
May 22, 2024 | 6:01 pm
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POSITIVE IMPACT
Analysts have mixed views on Paylocity Holding, with recent ratings ranging from bullish to bearish. The average 12-month price target has increased to $188.33, indicating a positive shift in sentiment.
The increase in the average price target to $188.33, along with several analysts raising their ratings, suggests a positive short-term outlook for Paylocity Holding. The company's strong financial performance, including notable revenue growth and impressive net margin, further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100