Paylocity Holding (PCTY) Tops Q4 EPS by 8c

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Paylocity Holding (PCTY) PT Raised to $50 at BofA/Merrill Lynch

August 11, 2017 9:31 AM EDT

BofA/Merrill Lynch raised its price target on Paylocity Holding (NASDAQ: PCTY) to $50.00 (from $47.00) while maintaining a Buy rating following strong results and conservative guidance.

Analyst Kash Rangan said results were driven by higher sales productivity and better non payroll module attach... More

Paylocity Holding (PCTY) PT Raised to $55 at Stifel on 4Q; 'Strong Close to the Year... End-Market Demand Remains Healthy'

August 11, 2017 7:11 AM EDT

Stifel raised its price target on Paylocity Holding (NASDAQ: PCTY) to $55.00 (from $50.00) while maintaining a Buy rating, following the company's fourth quarter report.

Analyst Brad Reback notes the company delivered fourth quarter earnings per share, revenue, operating margin and adjusted EBITDA results above consensus... More