BofA Securities analyst Michael Funk maintains $Paylocity (PCTY.US)$ with a hold rating, and maintains the target price at $205.
According to TipRanks data, the analyst has a success rate of 38.3% and a total average return of -7.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Paylocity (PCTY.US)$'s main analysts recently are as follows:
The company's fiscal Q1 was seen as slightly beneficial for its shares, especially after reducing sales expectations in the previous quarter, resulting in a robust outperformance and heightened projections.
The firm has revised its estimates for Paylocity following a stronger than anticipated performance in Q1, along with an enhanced growth projection that spans both ex-float and float revenue sectors.
Paylocity's Q1 financial results exceeded expectations, with sales and demand commentary appearing significantly improved and more consistent compared to recent quarters. The company's operations have regained their customary predictability, achieving a steadier pattern of surpassing and elevating expectations, even amidst challenging market conditions.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美銀證券分析師Michael Funk維持$Paylocity (PCTY.US)$持有評級，維持目標價205美元。
根據TipRanks數據顯示，該分析師近一年總勝率為38.3%，總平均回報率為-7.0%。
此外，綜合報道，$Paylocity (PCTY.US)$近期主要分析師觀點如下：
該公司的第一財季被認爲對其股票略有利，尤其是在降低了上一季度的銷售預期，導致強勁的跑贏大盤和更高的預測之後。
在第一季度表現強於預期之後，該公司已經修改了對Paylocity的預期，同時提高了對浮動收入和浮動收入領域的增長預期。
Paylocity的第一季度財務業績超出預期，與最近幾個季度相比，銷售和需求評論顯著改善且更加穩定。該公司的運營恢復了慣常的可預測性，即使在充滿挑戰的市場條件下，也實現了更穩定的超越和提高預期的模式。
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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