Wedbush Starts PayPal (PYPL) at Neutral
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Stand-Alone PayPal (PYPL) Gets Wall Street Love
July 20, 2015 10:02 AM EDTPayPal's (NASDAQ: PYPL) first day of 'regular way' trading following the eBay (NASDAQ: EBAY) spin-off is off to a good start. Shares of the online payment giant are up 5.9% to $40.65 shortly after the opening of trading, which puts the market cap above $50 billion.
A number of Wall Street firm's launched stand-alone coverage on the stock amid the debut - all but one was positive.
SunTrust Robinson Humphrey analyst Bob Peck, who launched with a... More
Nomura Securities Starts PayPal (PYPL) at Buy
July 20, 2015 8:37 AM EDTNomura Securities initiates coverage on PayPal (NASDAQ: PYPL) with a Buy rating and a price target of $46.00 following the spin-off from eBay.
Analyst Bill Carcache commented, "The PYPL story is all about optionality. Sources of upside not discounted in the current share price... More
BMO Capital Starts PayPal (PYPL) at Outperform
July 20, 2015 8:25 AM EDTBMO Capital initiated coverage on PayPal (NASDAQ: PYPL) with an Outperform rating and a price target of $46.00.
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 $38.39 yesterday.
... MoreBaird Starts PayPal (PYPL) at Outperform; Well Positioned for Long-Term Growth Following eBay Separation
July 20, 2015 7:08 AM EDTBaird initiates coverage on PayPal (Nasdaq: PYPL) with a Outperform rating and a price target of $45, saying the newly spun-off company is well positioned for long-term growth and market share expansion
Analyst Colin Sebastian commented, "We view PayPal as part of a select... More
UPDATE: Evercore ISI Starts PayPal (PYPL) at Sell
July 20, 2015 6:39 AM EDT(Updated - July 20, 2015 7:22 AM EDT)
Evercore ISI initiated coverage on PayPal (NASDAQ: PYPL) with a Sell rating and a price target of $36. The sell rating is consistent with Evercore ISI's view prior to its separation from eBay (NASDAQ: EBAY).
Analyst Ken... More
Keefe, Bruyette & Woods Starts PayPal (PYPL) at Outperform
July 15, 2015 9:26 AM EDTKeefe, Bruyette & Woods initiated coverage on PayPal (Nasdaq: PYPL) (Nasdaq: PYPLV) with an Outperform rating and a price target of $43.00.
For an analyst ratings summary and ratings history on PayPal click here. For more ratings news on PayPal click here.
... More