Jefferies Upgrades Paylocity Holding to Buy, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Samad Samana has upgraded Paylocity Holding (NASDAQ:PCTY) from Hold to Buy and increased the price target from $145 to $200.
October 22, 2024 | 11:55 am
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POSITIVE IMPACT
Jefferies has upgraded Paylocity Holding to Buy and raised the price target to $200, indicating a positive outlook on the stock.
The upgrade from Hold to Buy and the significant increase in the price target from $145 to $200 by Jefferies suggests a strong positive sentiment towards Paylocity's future performance. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100