Mizuho Maintains Buy on PayPal Holdings, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a Buy rating on PayPal Holdings (NASDAQ:PYPL) but has reduced the price target from $92 to $72.

November 14, 2023 | 6:42 pm
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Mizuho has maintained a Buy rating on PayPal Holdings but lowered the price target from $92 to $72, indicating a potential downside compared to the previous target.
The reduction in price target by Mizuho suggests that there may be factors that could negatively impact PayPal's stock price in the short term. However, the maintenance of a Buy rating indicates a positive outlook on the company's fundamentals. Investors may react to the lower price target by adjusting their expectations, which could lead to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100