PayPal price target raised to $95 from $90 at Monness Crespi

Monness Crespi analyst Gus Gala raised the firm’s price target on PayPal (PYPL) to $95 from $90 and keeps a Buy rating on the shares post the Q1 report. The company is seeing early signs of acceleration in key products, the analyst tells investors in a research note. The firm believes PayPal’s flywheel “seems to be spinning faster on consumer habituation.”