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Cantor Fitzgerald Issues Positive Forecast for Paylocity (NASDAQ:PCTY) Stock Price
['Mitch Edgeman']
Markets Daily
Cantor Fitzgerald’s target price suggests a potential upside of 15.13% from the company’s current price.
BTIG Research boosted their price target on Paylocity from $150.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday.
Jefferies Financial Group reissued a “buy” rating and set a $165.00 target price on shares of Paylocity in a report on Wednesday.
Finally, BMO Capital Markets raised their price target on Paylocity from $143.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday.
According to data from MarketBeat, Paylocity currently has a consensus rating of “Moderate Buy” and an average target price of $157.71.