BMO Capital raised the firm’s price target on Paylocity (PCTY) to $226 from $210 and keeps an Outperform rating on the shares. The company’s Q3 results demonstrated continued solid performance across both growth and profitability, with upside on both the top and bottom line, the analyst tells investors in a research note.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCTY:
- Paylocity price target raised to $200 from $195 at UBS
- Paylocity price target lowered to $235 from $265 at Raymond James
- Paylocity price target raised to $258 from $254 at Piper Sandler
- Optimistic Buy Rating for Paylocity Driven by Strong Financial Performance and Strategic Growth Prospects
- Paylocity price target raised to $209 from $204 at Barclays