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Fly News Breaks for April 16, 2019
PCTY
Apr 16, 2019 | 16:28 EDT
KeyBanc analyst Arvind Ramnani initiated Paylocity with an Overweight rating and $104 price target. The analyst believes the company is a "core SMID-cap holding" in the human resources space, given its "strong position and ability to continue benefiting from and capturing outsized share in the secular shift to cloud-based applications."
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