Paylocity Holding (PCTY) Tops Q3 EPS by 17c

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Paylocity Holding (PCTY) PT Raised to $46 at Needham & Company; '3Q Outperformance Materially on Margins, but Soft 4Q Guidance'

May 5, 2017 10:39 AM EDT

Needham & Company raised its price target on Paylocity Holding (NASDAQ: PCTY) to $46.00 (from $40.00) while maintaining a Buy rating, following the company's third quarter report.

Analyst Scott Berg notes the company produced third quarter revenues and earnings per share above consensus estimates, driven by higher... More

Paylocity Holding (PCTY) PT Raised to $60 at Deutsche Bank; Big Beat as Model Scales

May 5, 2017 7:18 AM EDT

Deutsche Bank raised its price target on Paylocity Holding (NASDAQ: PCTY) to $60.00 (from $55.00) while maintaining a Buy rating following strong results.

Analyst Nandan Amladi said the model is scaling and they remain buyers after the print. The company is benefited in the... More