Needham Maintains Buy on Paylocity Holding, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Scott Berg maintains a Buy rating on Paylocity Holding and raises the price target from $200 to $220.
October 31, 2024 | 10:37 am
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Needham analyst Scott Berg has reiterated a Buy rating for Paylocity Holding and increased the price target from $200 to $220, indicating confidence in the company's future performance.
The increase in the price target from $200 to $220 by Needham suggests a positive outlook on Paylocity's future performance. The Buy rating indicates that the analyst expects the stock to outperform, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100