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PayPal price target lowered to $65 from $75 at Evercore ISI

Evercore ISI lowered the firm’s price target on PayPal (PYPL) to $65 from $75 and keeps an In Line rating on the shares. Despite growth in BNPL and Pay with Venmo, PayPal’s Branded Core is facing significant challenges that continue to weigh heavily on its overall performance, the analyst tells investors.

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