Phillip Securities Downgrades PayPal Holdings to Accumulate, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Phillip Securities has downgraded PayPal Holdings from Buy to Accumulate, while raising the price target from $80 to $90.
November 01, 2024 | 2:44 pm
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Phillip Securities has downgraded PayPal Holdings from Buy to Accumulate, indicating a more cautious outlook, but has raised the price target to $90, suggesting potential for growth.
The downgrade from Buy to Accumulate suggests a more cautious stance by Phillip Securities, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $90 indicates potential for growth, balancing the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100