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Stock impact report

1 of Wall Street's Favorite Stock to Target This Week and 2 We Turn Down [Yahoo! Finance]

Paylocity Holding Corporation (PCTY) 
Last paylocity holding corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.paylocity.com/investor-relations
Company Research Source: Yahoo! Finance
However, it's worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover. Unlike the investment banks, we created StockStory to provide independent analysis that helps you determine which companies are truly worth following. Keeping that in mind, here is one stock where Wall Street's positive outlook is supported by strong fundamentals and two where its enthusiasm might be excessive. Consensus Price Target: $193.45 (25.8% implied return) Operating in a field where companies traditionally juggled multiple disconnected systems, Paylocity (NASDAQ:PCTY) provides cloud-based human capital management and payroll software solutions that help businesses manage their workforce and HR processes. Why Do We Think Twice About PCTY? Average ARR growth of 14.7% over the last year has disappointed, suggesting it's had a hard time winning long-term deals and renewals Estimated sales growth of 6.8% for t Show less Read more
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