Canaccord Genuity Maintains Buy on PayPal Holdings, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on PayPal Holdings and raised its price target from $80 to $96, indicating a positive outlook for the company's stock.
October 30, 2024 | 5:29 pm
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POSITIVE IMPACT
Canaccord Genuity has maintained a Buy rating on PayPal Holdings and increased the price target from $80 to $96, suggesting a positive short-term outlook for the stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in PayPal's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100