RBC Capital Reiterates Outperform on PayPal Holdings, Maintains $86 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Daniel Perlin has reiterated his 'Outperform' rating on PayPal Holdings (NASDAQ:PYPL) and maintained the price target at $86.
August 04, 2023 | 1:45 pm
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POSITIVE IMPACT
PayPal Holdings' stock rating has been reiterated as 'Outperform' by RBC Capital, with a maintained price target of $86.
The reiteration of an 'Outperform' rating by a major analyst like Daniel Perlin from RBC Capital is a positive signal for PayPal Holdings. The maintained price target of $86 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100