PayPal Holdings shares are trading higher after Mizuho upgraded the stock from Neutral to Buy and raised its price target from $68 to $90.
Portfolio Pulse from Benzinga Newsdesk
PayPal Holdings shares are trading higher after Mizuho upgraded the stock from Neutral to Buy and raised its price target from $68 to $90.
May 30, 2024 | 12:06 pm
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POSITIVE IMPACT
Mizuho upgraded PayPal Holdings from Neutral to Buy and increased its price target from $68 to $90, leading to a rise in PayPal's stock price.
The upgrade from a reputable financial institution like Mizuho and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100