Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Paylocity (PCTY – Research Report) and Okta (OKTA – Research Report).
Paylocity (PCTY)
Truist Financial analyst Terry Tillman reiterated a Buy rating on Paylocity on February 2 and set a price target of $285.00. The company’s shares closed last Monday at $219.50.
According to TipRanks.com, Tillman is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paylocity with a $282.42 average price target, which is a 30.1% upside from current levels. In a report issued on February 2, Raymond James also maintained a Buy rating on the stock with a $265.00 price target.
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Okta (OKTA)
Truist Financial analyst Joel Fishbein maintained a Hold rating on Okta on February 2 and set a price target of $60.00. The company’s shares closed last Monday at $77.65.
According to TipRanks.com, Fishbein is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Okta with a $81.96 average price target.
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Read More on PCTY:
- Paylocity price target raised to $265 from $231 at Cowen
- Paylocity price target raised to $311 from $305 at Baird
- Paylocity price target raised to $297 from $276 at Piper Sandler
- 3 Stocks to Buy Today, 2/3/2023, According to Top Analysts
- Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results
