Truist Securities Maintains Buy on PayPal Holdings, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Jeffrey maintains a 'Buy' rating on PayPal Holdings (NASDAQ:PYPL) but has lowered the price target from $85 to $70.
October 17, 2023 | 5:23 pm
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Truist Securities has maintained a 'Buy' rating on PayPal but lowered the price target from $85 to $70.
The news is directly about PayPal. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term stock price. However, the overall impact is neutral as the 'Buy' rating suggests that the stock is still expected to perform well in the long run.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100