PayPal (PYPL) PT Raised to $82 at Nomura/Instinet; 'Capacity to Fund Organic/Inorganic Growth as well as Buybacks'

December 13, 2017 6:23 AM EST
Get Alerts PYPL Hot Sheet
Price: $79.93 -0.19%

Rating Summary:
    42 Buy, 13 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 17 | New: 16
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Nomura/Instinet raised its price target on PayPal (NASDAQ: PYPL) to $82.00 (from $79.00) while maintaining a Buy rating, following a review the company's growth outlook.

Analyst Bill Carcache notes a positive outlook on the shares, highlighting the company's ability to invest in growth, while returning capital to investors, citing management's capacity to fund organic and inorganic growth as well as buybacks.

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