Piper Sandler Maintains Overweight on Paylocity Holding, Lowers Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani maintains an Overweight rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $194 to $172.

August 02, 2024 | 1:50 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Paylocity Holding but lowers the price target from $194 to $172.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100