Paylocity Stock Surges on Analyst's 'Buy' Rating

Paylocitys shares surged over three percent following BTIGs Buy rating, with analyst Allan Verkhovski setting a price target of $180. This optimism was bolstered by New York Federal Reserve President John Williams hint at potential interest rate cuts, benefiting growth companies like Paylocity, which has been down twenty-one percent this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.