Piper Sandler raised the firm’s price target on Paylocity (PCTY) to $254 from $212 and keeps an Overweight rating on the shares. The firm notes Paylocity delivered impressive results, top to bottom. Revenues came in well ahead of expectations, with the beat being driven by execution, product differentiation, and a stabilizing macro environment.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCTY:
Questions or Comments about the article? Write to editor@tipranks.com