Citizens JMP lowered the firm’s price target on PayPal (PYPL) to $100 from $110 and keeps an Outperform rating on the shares. PayPal reported mixed Q2 results, but Citizens remains positive on the shares as the company is making progress on its initiatives with its new checkout experience now live on 60%+ of U.S. checkout transactions while PayPal added 2M first-time PayPal and Venmo debit card users in the U.S., the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- PayPal’s Strong Q2 2025 Results and Raised Outlook
- PYPL Earnings: PayPal Stock Slips Despite Q2 Beats
- PayPal Earnings Call Highlights Growth Amid Challenges
- PayPal Holdings: Balancing Growth Opportunities and Competitive Challenges Amidst a Hold Rating
- Cautious Outlook on PayPal Holdings Amid Market Challenges and Uncertain Growth Trajectory