Paylocity price target raised to $180 from $174 at Barclays

Barclays raised the firm’s price target on Paylocity (PCTY) to $180 from $174 and keeps an Equal Weight rating on the shares. The firm sees the company’s fiscal Q1 as a small positive for shares. After lowering sales expectations last quarter, Paylocity delivered a “healthy beat and raise print,” the analyst tells investors in a research note.