Barclays analyst Raimo Lenschow lowered the firm’s price target on Paylocity to $180 from $223 and keeps an Equal Weight rating on the shares following the earnings report.
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Read More on PCTY:
- Paylocity price target lowered to $197 from $255 at KeyBanc
- Paylocity price target lowered to $250 from $320 at JMP Securities
- Paylocity backs FY24 revenue view $1.405B-$1.41B, consensus $1.41B
- Paylocity sees Q3 revenue $322.5M-$326.5M, consensus $330.44M
- Paylocity reports Q1 EPS $1.40, consensus $1.14