JMP Securities Maintains Market Outperform on PayPal Holdings, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst David Scharf has maintained a Market Outperform rating on PayPal Holdings (NASDAQ:PYPL) and increased the price target from $68 to $70.
April 17, 2024 | 12:48 pm
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JMP Securities has reaffirmed its Market Outperform rating on PayPal Holdings and raised its price target from $68 to $70.
The upgrade in the price target by JMP Securities reflects a positive outlook on PayPal Holdings, likely due to the company's strong performance or potential for future growth. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100