TD Cowen analyst Jared Levine lowered the firm’s price target on Paylocity (PCTY) to $178 from $188 and keeps a Buy rating on the shares. The firm said they reported a respectable Q2 beat and said a confident message on moat from AI displacement & depressed valuation supportive to shares. Paylocitiy remains top HCM pick
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Read More on PCTY:
- Paylocity price target lowered to $145 from $150 at UBS
- Paylocity price target lowered to $150 from $185 at BMO Capital
- Paylocity price target lowered to $165 from $188 at Stifel
- Reaffirming Paylocity as a Buy: Consistent Outperformance, Expanding Product Suite, and Reinvestment-Fueled Growth
- Paylocity price target lowered to $150 from $180 at Mizuho