TD Cowen analyst Jared Levine raised the firm’s price target on Paylocity (PCTY) to $242 from $228 and keeps a Buy rating on the shares. The firm expects to see estimates moving higher and investors reward its leading combination of ex float growth and FCF margins projected,as well as consistency on outperforming its expectations.
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Read More on PCTY:
- Paylocity price target raised to $245 from $235 at Mizuho
- Paylocity price target raised to $265 from $215 at Raymond James
- Paylocity price target raised to $250 from $240 at BMO Capital
- Paylocity price target raised to $254 from $212 at Piper Sandler
- Paylocity price target raised to $250 from $220 at KeyBanc
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