Analysts Offer Insights on Technology Companies: Paylocity (PCTY) and GoPro (GPRO)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paylocity (PCTY – Research Report) and GoPro (GPRO – Research Report).
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Paylocity (PCTY)
In a report released yesterday, Kevin Mcveigh from UBS maintained a Hold rating on Paylocity, with a price target of $132.00. The company’s shares closed last Friday at $120.10.
According to TipRanks.com, Mcveigh is a 3-star analyst with an average return of
Paylocity has an analyst consensus of Strong Buy, with a price target consensus of $170.00, implying a 46.6% upside from current levels. In a report issued on February 23, TipRanks – PerPlexity also downgraded the stock to Hold with a $109.00 price target.
See today’s best-performing stocks on TipRanks >>
GoPro (GPRO)
In a report released yesterday, Erik Woodring from Morgan Stanley maintained a Sell rating on GoPro, with a price target of $1.30. The company’s shares closed last Friday at $0.76, close to its 52-week low of $0.64.
According to TipRanks.com, Woodring is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for GoPro.
