Mizuho lowered the firm’s price target on PayPal (PYPL) to $75 from $84 and keeps an Outperform rating on the shares. The firm updated models and targets in the payments, processors and IT services group to reflect recent macro data points and management commentary at investor conferences.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- Interactive Brokers (IBKR) Stock Moves Higher on Trust Bank License Push
- RXRX, FTNT, MRK, RIVN, PYPL Trending With Analysts
- Mixed options sentiment in PayPal with shares up 0.13%
- Klarna Partners with Coinbase to Introduce USDC Funding Options
- Why Is Wall Street Turning Bearish on PayPal Stock (PYPL)