Assessing Paylocity Holding: Insights From 10 Financial Analysts
Portfolio Pulse from Benzinga Insights
10 analysts have provided mixed opinions on Paylocity Holding (NASDAQ:PCTY) over the past quarter, with a range of ratings from bullish to indifferent. The average 12-month price target has decreased by 9.63% to $173.7. Recent analyst actions include several downgrades in price targets, reflecting cautious sentiment.
August 02, 2024 | 1:00 pm
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Analysts have mixed views on Paylocity Holding (NASDAQ:PCTY) with a range of ratings from bullish to indifferent. The average 12-month price target has decreased by 9.63% to $173.7, with several analysts lowering their price targets recently.
The decrease in the average 12-month price target by 9.63% and multiple analysts lowering their price targets suggest a cautious outlook on Paylocity Holding. This could lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100