Paylocity Holding (PCTY) Tops Q2 EPS by 7c, Offers Q3 & FY Guidance
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BofA/Merrill Lynch Upgrades Paylocity Holding (PCTY) to Buy
February 3, 2017 7:09 AM ESTBofA/Merrill Lynch upgraded Paylocity Holding (NASDAQ: PCTY) from Underperform to Buy with a price target of $40.00.
For an analyst ratings summary and ratings history on Paylocity Holding click here. For more ratings news on Paylocity Holding click here.
Shares of Paylocity Holding closed at $29.92 yesterday.
... MorePaylocity Holding (PCTY) PT Lowered to $40 at Needham & Company Following 2Q Beat
February 3, 2017 7:07 AM ESTNeedham & Company lowered its price target on Paylocity Holding (NASDAQ: PCTY) to $40.00 (from $58.00) while maintaining a Buy rating. Total revenues increased 24.4% Y/Y to $66.7mm, with recurring revenues increasing 26.3% Y/Y from $51.7mm to $65.3mm.
Analyst Scott Berg commented, "Paylocity reported a very... More
