Rating Change
TD Cowen reiterated its Buy rating on Paylocity Holding Corporation (NASDAQ:PCTY) on August 20, 2026.
reiterateNASDAQ:PCTY
TD Cowen Reiterates Buy Rating on Paylocity Holding Corporation (PCTY)
TD Cowen reiterated its Buy rating on Paylocity Holding Corporation (NASDAQ:PCTY) on August 20, 2026.
At publication ·
What changed
Paylocity Holding Corporation (NASDAQ:PCTY) · reiterate
- Firm
- TD Cowen
- Rating
- Buy to Buy
- Price at event
- $152.36
- Market capitalization
- $8.3B
At a glance
Key takeaways
- TD Cowen reiterated its Buy rating on Paylocity (PCTY) on August 20, 2026, with the stock trading at $152.36 and a market capitalization of $8.3 billion.
Market Context
Paylocity Holding Corporation operates in the Technology sector. The stock currently trades at $152.36 with a market capitalization of $8.3B. The stock has declined 18.1% over the past 52 weeks.
Analyst coverage from TD Cowen provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Paylocity Holding Corporation.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Paylocity Holding Corporation
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | TD Cowen | Buy | N/A |
| Aug 06, 2026 | Barclays | Equal-Weight | N/A |
| Aug 05, 2026 | Cantor Fitzgerald | Overweight | N/A |
| Aug 05, 2026 | Keybanc | Overweight | N/A |
| Aug 05, 2026 | TD Cowen | Buy | N/A |
Related Tools: Analyst Ratings Dashboard | View PCTY Stock Page
Frequently Asked Questions
What does the Buy rating mean for PCTY?
A rating of Buy from TD Cowen reflects the analyst's outlook on Paylocity Holding Corporation (NASDAQ:PCTY). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PCTY forecast page.