Citi analyst Bryan Keane lowered the firm’s price target on PayPal (PYPL) to $42 from $60 and keeps a Neutral rating on the shares.
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Read More on PYPL:
- PayPal Hold Rating Maintained Amid Execution Strains and Intensifying Checkout Competition
- Underweight on PayPal: Capital Returns Prioritized Over Growth Investments Amid Mounting Competitive Pressures
- PayPal price target lowered to $34 from $50 at Morgan Stanley
- PayPal price target lowered to $48 from $67 at Wells Fargo
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