Wells Fargo Maintains Equal-Weight on PayPal Holdings, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch has maintained an Equal-Weight rating on PayPal Holdings (NASDAQ:PYPL) and increased the price target from $55 to $60.
January 29, 2024 | 3:04 pm
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Wells Fargo analyst has reaffirmed PayPal Holdings' Equal-Weight rating and raised the price target to $60, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Andrew Bauch from Wells Fargo suggests a positive sentiment towards PayPal's stock performance in the short term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100