Citizens JMP lowered the firm’s price target on Paylocity (PCTY) to $245 from $270 and keeps an Outperform rating on the shares. Paylocity delivered better than expected Q1 results and provided “good” guidance, leaving the stock up 4% aftermarket after having declined 29% year to date, the analyst tells investors in a research note. The firm continues to view Paylocity as an attractive opportunity for long-term capital appreciation.
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Read More on PCTY:
- Paylocity’s Strong Financial Performance and Strategic Advancements Drive Buy Rating
- Paylocity Reports Strong Q1 2026 Financial Results
- Paylocity’s Strong Performance and Growth Potential: A Compelling Buy Recommendation
- Paylocity reports Q1 non-GAAP EPS $1.75, consensus $1.57
- Paylocity sees Q2 revenue $405.5M-$410.5M, consensus $406.22M