Citigroup Maintains Buy on PayPal Holdings, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Buy rating on PayPal Holdings (NASDAQ:PYPL) but has lowered the price target from $76 to $73.

February 08, 2024 | 6:13 pm
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Citigroup maintains a Buy rating on PayPal Holdings but lowers the price target from $76 to $73.
While the maintenance of a Buy rating suggests continued confidence in PayPal's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100