Mizuho raised the firm’s price target on Paylocity (PCTY) to $180 from $175 and keeps a Neutral rating on the shares. Paylocity and Paycom both reported better-than-expected September quarter results, signaling growth stabilization amid economic uncertainty, the analyst tells investors in a research note.
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Read More on PCTY:
- Paylocity price target raised to $208 from $186 at TD Cowen
- Paylocity price target raised to $220 from $200 at Needham
- Paylocity price target raised to $210 from $195 at Truist
- Paylocity price target raised to $203 from $175 at BMO Capital
- Paylocity price target raised to $212 from $172 at Piper Sandler