Barclays Maintains Equal-Weight on Paylocity Holding, Lowers Price Target to $156
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 $160 to $156.
August 05, 2024 | 11:41 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 $160 to $156.
The lowered price target from $160 to $156 by Barclays suggests a slightly less optimistic outlook for Paylocity Holding. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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