Barclays lowered the firm’s price target on Paylocity (PCTY) to $175 from $195 and keeps an Equal Weight rating on the shares as part of a Q3 preview for the software group. The firm expects solid Q3 earnings, noting its channel checks “looked ok, but not stellar.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCTY:
- Paylocity announces multi-year partnership with Golden Knights
- Paylocity price target lowered to $192 from $225 at TD Cowen
- Positive Outlook for Paylocity: Buy Rating with $192 Price Target Based on Strong Growth Potential
- Paylocity named official HCM partner of New York Islanders, UBS Arena
- Paylocity initiated with a Neutral at Guggenheim