PayPal shares are trading higher after Deutsche Bank raised its price target on the stock from $74 to $94.
Portfolio Pulse from Benzinga Newsdesk
PayPal shares are experiencing an upward trend following Deutsche Bank's decision to increase its price target from $74 to $94.
September 23, 2024 | 4:21 pm
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Deutsche Bank has raised its price target for PayPal from $74 to $94, leading to an increase in PayPal's stock price.
The increase in price target by a major financial institution like Deutsche Bank is a positive signal to investors, suggesting confidence in PayPal's future performance. This has led to a rise in PayPal's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100