Baird Cited Solid Margins and Free Cash Flow for Paylocity Holding Corporation (PCTY)

We recently compiled a list of the 15 Best Strong Buy Tech Stocks to Invest In. The fifth position on our list of best Strong Buy stocks is given to Paylocity Holding Corporation. TheFly reported on February 6 that Baird lowered its price target on PCTY to $220 from $245 and maintained an Outperform rating. The update followed strong results, with the company showing notable progress on margins and free cash flow. Similarly, on the same day, TD Cowen also lowered its price target on Paylocity Holding Co ...