What the Options Market Tells Us About PayPal Holdings
Portfolio Pulse from Benzinga Insights
The options market shows a bullish sentiment towards PayPal Holdings (NASDAQ:PYPL), with 42% of traders being bullish. Analysts have set target prices ranging from $73 to $94. The stock is currently trading at $80.42, with a slight decline of 0.64%.
October 21, 2024 | 3:45 pm
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PayPal Holdings is experiencing a bullish sentiment in the options market, with 42% of trades being bullish. Analysts have set target prices between $73 and $94, indicating potential upside. The stock is currently trading at $80.42, slightly down by 0.64%.
The options market shows a significant bullish sentiment towards PayPal, with a higher number of call options compared to puts. Analysts' target prices suggest potential upside, and the current stock price is close to these targets. This indicates a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100