Susquehanna Maintains Neutral on PayPal Holdings, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Anthony Butler has maintained a Neutral rating on PayPal Holdings (NASDAQ:PYPL) and increased the price target from $61 to $65.
January 24, 2024 | 7:33 pm
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POSITIVE IMPACT
Susquehanna analyst Anthony Butler maintains a Neutral rating on PayPal Holdings but raises the price target from $61 to $65, indicating a potential upside from the current trading price.
The increase in price target by Susquehanna suggests a positive outlook on PayPal's stock value in the short term. While the rating remains Neutral, the raised target implies that the analyst sees more potential in the stock than previously estimated. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100