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Fly News Breaks for August 9, 2019
PCTY
Aug 9, 2019 | 09:21 EDT
SunTrust analyst Terry Tillman raised his price target on Paylocity to $125 and kept his Buy rating after its "strong" Q4 results and "upside bias" outlook for FY20. The analyst is positive on the company's momentum in leveraging channel partners and building go-to-market initiatives to drive user growth higher while also launching new products expanding revenue per customer.
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