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Fly News Breaks for February 5, 2020
PCTY
Feb 5, 2020 | 05:21 EDT
Jefferies analyst Samad Samana raised his price target for Paylocity Holding to $130 from $115 following the company's fiscal Q2 results while maintaining a Hold rating on the shares. Paylocity continues to absorb interest rate headwinds as the company raised its fiscal 2020 revenue outlook by more than the Q2 upside, Samana tells investors in a research note.
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