PayPal (PYPL) PT Lowered to $127 at BofA/Merrill Lynch
Get Alerts PYPL Hot Sheet
Price: $60.47 -1.93%
Rating Summary:
19 Buy, 44 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
Rating Summary:
19 Buy, 44 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 22
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BofA/Merrill Lynch analyst Jason Kupferberg lowered the price target on PayPal (NASDAQ: PYPL) to $127.00 (from $131.00) while maintaining a Buy rating.
- ’20 consensus revenue estimates are likely too high
- lowered top-line growth estimate to 16.1% (from 17.5%, prior)
- lowered 2020E adju st e d EPS by $0.05 to $3.48, vs. Street at $3.53.
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