PayPal (PYPL): Why Paypal Is A Must Own Stock - Jefferies

October 21, 2016 8:42 AM EDT
Get Alerts PYPL Hot Sheet
Price: $38.46 +0.31%

Rating Summary:
    26 Buy, 15 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 31 | New: 42
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Jefferies analyst, Jason Kupferberg, reiterated his Buy rating on shares of PayPal (NASDAQ: PYPL) after the new 3-year outlook implied 16-17% constant currency revenue growth (up from 15%), and perhaps more importantly, a stable to up operating margin profile.

This unchanged operating margin forecast is a real positive, as it takes the bear case of margin degradation from the recently signed V/MA partnerships off the table.

price target of $48.00

For an analyst ratings summary and ratings history on PayPal click here. For more ratings news on PayPal click here.

Shares of PayPal closed at $40.09 yesterday.

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