Barclays Maintains Equal-Weight on Paylocity Holding, Lowers Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $178 to $160.
July 16, 2024 | 4:00 pm
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $178 to $160.
The lowered price target from $178 to $160 by Barclays suggests a less optimistic outlook for Paylocity Holding, which could negatively impact investor sentiment and the stock price in the short term.
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