Jefferies Maintains Hold on Paylocity Holding, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Samad Samana maintains a Hold rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $180 to $145.
June 24, 2024 | 5:53 pm
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Jefferies analyst Samad Samana maintains a Hold rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $180 to $145.
The lowered price target from $180 to $145 by Jefferies suggests a less optimistic outlook for Paylocity Holding. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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