Citizens Maintains Paylocity Holding Market Outperform Recommendation with 51.65% Upside Potential.

Citizens maintains a Market Outperform recommendation for Paylocity Holding (PCTY). The average one-year price target for PCTY is $220.61/share, a 51.65% increase from its latest reported closing price. The projected annual revenue for PCTY is 1,899MM, a 15.76% increase, and the projected annual non-GAAP EPS is 7.21. Institutional ownership in PCTY has increased by 4.39% in the last quarter, with 998 funds or institutions reporting positions.