BTIG Maintains Buy on Paylocity Holding, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Matt VanVliet maintains a Buy rating on Paylocity Holding (NASDAQ:PCTY) but lowers the price target from $200 to $185.
August 02, 2024 | 9:38 pm
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NEUTRAL IMPACT
BTIG analyst Matt VanVliet maintains a Buy rating on Paylocity Holding but lowers the price target from $200 to $185.
The Buy rating suggests continued confidence in Paylocity's performance, but the lowered price target indicates some caution about its short-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100