PayPal Holdings Inc's shares are trading lower by 0.75% to $63.70. Evercore ISI Group analyst David Togut downgraded the company from Outperform to In-Line and lowered the price target from $85 to $65. The stock has fallen 15% over the past five sessions after the company reported a sequential decline in active accounts and second-quarter earnings. However, PayPal reported quarterly earnings of $1.16 per share, beating the analyst consensus estimate of $1.05 by 10.48% and a 24.73% increase over earnings from the same period last year.