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Argus Starts PayPal (PYPL) at Buy

September 2, 2015 8:56 AM EDT
Get Alerts PYPL Hot Sheet
Price: $64.43 --0%

Rating Summary:
    28 Buy, 31 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 13
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Argus initiates coverage on PayPal (NASDAQ: PYPL) with a Buy rating and a price target of $42.00.

The analyst said the company "is taking advantage of the changing payments landscape, including the greater adoption of mobile devices for payments and the technological integration of different payment types and channels."

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 $33.77 yesterday.



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