BMO Capital Maintains Outperform on Paylocity Holding, Raises Price Target to $203
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains an Outperform rating on Paylocity Holding and raises the price target from $175 to $203.
October 31, 2024 | 1:22 pm
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BMO Capital has increased the price target for Paylocity Holding from $175 to $203 while maintaining an Outperform rating, indicating positive expectations for the stock.
The increase in price target from $175 to $203 by BMO Capital suggests a positive outlook for Paylocity Holding. Maintaining an Outperform rating indicates that the analyst expects the stock to perform better than the market average. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100