tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Paylocity price target raised to $225 from $220 at KeyBanc

KeyBanc raised the firm’s price target on Paylocity (PCTY) to $225 from $220 and keeps an Overweight rating on the shares. The firm notes Paylocity posted solid Q4 results, beating handily on the top and bottom line, and grew its client base by 7% for the full year. While initial FY26 guidance came in slightly below the Street, KeyBanc believes management appropriately telegraphed potential conservatism heading into the print, and the outlook will be viewed as better than feared.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1