Barclays lowered the firm’s price target on Paylocity (PCTY) to $146 from $164 and keeps an Equal Weight rating on the shares post the fiscal Q2 report. The firm thinks the “stable” results and “constructive” commentary around demand and AI risks could help Paylocity shares “find its level.”
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Read More on PCTY:
- Paylocity: Strong Q2 Outperformance and Durable Competitive Moats Drive Buy Rating
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