What's Going On With PayPal Stock?
Portfolio Pulse from Ryan Gustafson
PayPal Holdings, Inc. (NASDAQ:PYPL) shares are trading higher after several analysts provided updated price targets this week. BTIG analyst Lance Jessurun initiated coverage with a Buy rating and a price target of $85, while Atlantic Equities analyst Kunaal Malde downgraded the stock to Neutral with a $72 price target.
June 15, 2023 | 8:03 pm
News sentiment analysis
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PayPal's stock is trading higher after several analysts updated their price targets. The stock received a Buy rating from BTIG with an $85 target and a Neutral rating from Atlantic Equities with a $72 target.
The updated price targets from multiple analysts have a direct impact on PayPal's stock price. The Buy rating from BTIG with an $85 target suggests a positive outlook, while the Neutral rating from Atlantic Equities with a $72 target indicates a more cautious view. Overall, the stock is likely to experience short-term gains due to the positive sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100