UBS Maintains Neutral on PayPal Holdings, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Chiodo maintains a Neutral rating on PayPal Holdings (NASDAQ:PYPL) and raises the price target from $56 to $63.

March 01, 2024 | 4:47 pm
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UBS analyst Timothy Chiodo maintains a Neutral rating on PayPal Holdings but raises the price target from $56 to $63.
The increase in price target by UBS suggests a positive outlook on PayPal's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that there are still uncertainties or concerns that prevent a more bullish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100