Paylocity (NASDAQ:PCTY) Shares Gap Down on Analyst Downgrade

Shares of Paylocity Holding Co. (NASDAQ:PCTY – Get Free Report) gapped down before the market opened on Friday after Jefferies Financial Group lowered their price target on the stock from $255.00 to $235.00. The stock had previously closed at $194.16, but opened at $188.00. Jefferies Financial Group currently has a buy rating on the stock. […]

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