PayPal (PYPL) PT Lowered to $127 at BofA/Merrill Lynch

September 13, 2019 8:38 AM EDT
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
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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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