PayPal Holdings shares are trading lower after Piper Sandler maintained a Neutral rating on the stock and lowered its price target from $83 to $80.
Portfolio Pulse from Benzinga Newsdesk
PayPal Holdings' shares are trading lower after Piper Sandler maintained a Neutral rating on the stock and lowered its price target from $83 to $80.
July 06, 2023 | 4:19 pm
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NEGATIVE IMPACT
PayPal's stock price is trading lower after Piper Sandler maintained a Neutral rating and lowered its price target from $83 to $80.
The news directly mentions PayPal and the lowering of its price target by Piper Sandler. This negative adjustment is likely to have a short-term negative impact on the stock price, as it indicates a less optimistic outlook from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100