JP Morgan Maintains Overweight on PayPal Holdings, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on PayPal Holdings and raises the price target from $77 to $80.
August 20, 2024 | 2:48 pm
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JP Morgan's analyst Tien-Tsin Huang has reaffirmed an Overweight rating on PayPal Holdings and increased the price target from $77 to $80, indicating a positive outlook on the stock.
The increase in price target from $77 to $80 by JP Morgan suggests a positive sentiment towards PayPal's future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers, which could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100