Initiated Equal-Weight X

PCTY Paylocity

Stephens

$200

Reiterated Outperform X

PCTY Paylocity

BMO Capital Markets

$210 $226

Initiated Sector Perform X

PCTY Paylocity

Scotiabank

$190

Upgrades Neutral Outperform X

PCTY Paylocity

Mizuho

$200 $235

Upgrades Neutral Buy X

PCTY Paylocity

Citigroup

$214 $231

Upgrades Hold Buy X

PCTY Paylocity

Jefferies

$145 $200

Initiated Buy X

PCTY Paylocity

BTIG Research

$200

Downgrades Buy Hold X

PCTY Paylocity

Jefferies

$240 $180

Initiated Neutral X

PCTY Paylocity

UBS

$160

Initiated Neutral X

PCTY Paylocity

BofA Securities

$210

Initiated Equal Weight X

PCTY Paylocity

Barclays

$199

Upgrades Neutral Buy X

PCTY Paylocity

DA Davidson

$245

Downgrades Buy Neutral X

PCTY Paylocity

DA Davidson

$250

Initiated Neutral X

PCTY Paylocity

Citigroup

$294

Resumed Overweight X

PCTY Paylocity

KeyBanc Capital Markets

$225 $205

Upgrades Peer Perform Outperform X

PCTY Paylocity

Wolfe Research

$220 $240

Initiated Neutral X

PCTY Paylocity

Credit Suisse

$225

Upgrades Neutral Overweight X

PCTY Paylocity

Piper Sandler

$244 $249

Initiated Outperform X

PCTY Paylocity

BMO Capital Markets

$230

Initiated Buy X

PCTY Paylocity

DA Davidson

$315

Initiated Peer Perform X

PCTY Paylocity

Wolfe Research

$200

Initiated Overweight X

PCTY Paylocity

KeyBanc Capital Markets

$104

Reiterated Buy X

PCTY Paylocity

BofA/Merrill

$80 $89

Reiterated Buy X

PCTY Paylocity

Needham

$80 $100

Reiterated Buy X

PCTY Paylocity

BofA/Merrill

$91 $78

Reiterated Buy X

PCTY Paylocity

Needham

$65 $80

Reiterated Buy X

PCTY Paylocity

Stifel

$59 $78

Reiterated Overweight X

PCTY Paylocity

First Analysis Sec

$63 $65

Reiterated Buy X

PCTY Paylocity

Needham

$60 $65

Upgrades Hold Buy X

PCTY Paylocity

SunTrust

PCTY  Paylocity Holding Corporation

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company's services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture. The cloud-based platform features a suite of unified payroll and HCM applications. The Company, through cloud-based platform, offers various products, which include Paylocity Web Pay, Paylocity HR, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Recruiting, Paylocity Web Time, Paylocity Web Onboarding, and Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift. The multi-tenant software platform is configurable and includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management.