JMP Securities Reiterates Market Outperform on Paylocity Holding, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a Market Outperform rating on Paylocity Holding (NASDAQ:PCTY) and maintained a $250 price target.
August 05, 2024 | 4:53 pm
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JMP Securities has reiterated a Market Outperform rating on Paylocity Holding and maintained a $250 price target, indicating continued confidence in the company's performance.
The reiteration of a Market Outperform rating and the maintenance of a $250 price target by JMP Securities suggests strong confidence in Paylocity Holding's future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100