HSBC Initiates Coverage On PayPal Holdings with Buy Rating, Announces Price Target of $69
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on PayPal Holdings (NASDAQ:PYPL) with a Buy rating and a price target of $69.
October 13, 2023 | 10:41 am
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HSBC has initiated coverage on PayPal Holdings with a Buy rating and a price target of $69, which could potentially boost the company's stock price.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, HSBC's Buy rating and price target of $69 for PayPal Holdings suggest a positive outlook for the company, which could lead to an increase in its stock price in the short term.
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