Oppenheimer Maintains Outperform on PayPal Holdings, Lowers Price Target to $77
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Dominick Gabriele maintains an 'Outperform' rating on PayPal Holdings (NASDAQ:PYPL) but has lowered the price target from $89 to $77.

August 04, 2023 | 1:08 pm
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PayPal's price target has been lowered from $89 to $77 by Oppenheimer, though the 'Outperform' rating is maintained.
The lowering of the price target by Oppenheimer could lead to a negative sentiment among investors, potentially causing a short-term decrease in PayPal's stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential for the stock to perform well in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100