TD Cowen Maintains Buy on Paylocity Holding, Lowers Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jared Levine maintains a Buy rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $180 to $153.
June 20, 2024 | 3:41 pm
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NEUTRAL IMPACT
TD Cowen analyst Jared Levine maintains a Buy rating on Paylocity Holding but lowers the price target from $180 to $153.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100