PayPal Holdings shares are trading higher after BTIG initiated coverage on the stock with a Buy rating and announced an $85 price target.
Portfolio Pulse from Benzinga Newsdesk
PayPal Holdings' shares are trading higher after BTIG initiated coverage on the stock with a Buy rating and an $85 price target.
June 14, 2023 | 2:21 pm
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POSITIVE IMPACT
PayPal's stock is trading higher after BTIG initiated coverage with a Buy rating and an $85 price target.
The Buy rating and $85 price target from BTIG are positive signals for PayPal's stock. This endorsement from a reputable analyst firm is likely to increase investor confidence and demand for the stock, driving its price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100