UPDATE: Evercore ISI Starts PayPal (PYPL) at Sell

Barclays Starts PayPal (PYPL) at Overweight

Barclays initiated coverage on PayPal (NASDAQ: PYPL) with an Overweight rating and a price target of $47.00.

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 $39.35 yesterday.

Piper Jaffray Starts PayPal (PYPL) at Underweight; Cites LT Impact from Emerging Competition

Piper Jaffray analyst Gene Munster initiates coverage on PayPal (NASDAQ: PYPL) with a Underweight rating and a price target of $30.00, citing emerging competition long term impact.

Munster commented, "We are initiating on shares of PYPL with an Underweight rating and $30 price target, based our... More

Stand-Alone PayPal (PYPL) Gets Wall Street Love

PayPal'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

PayPal (PYPL) Completes Separation from eBay (EBAY)

PayPal Holdings, Inc. (PayPal) (Nasdaq: PYPL) announced today that it has completed its separation from eBay Inc. (eBay) and is now an independent public company trading on the Nasdaq Stock Market under the ticker symbol PYPL. The companys leadership team joined with employees and merchants to push the iconic PayPal button to ring the opening bell at Nasdaq to mark the milestone.

PayPal President and CEO Dan Schulman joins employees and customers to push the iconic PayPal button to ring the bell at Nasdaq this morning. PayPal today became an independent publicly-traded company on... More

Nomura Securities Starts PayPal (PYPL) at Buy

Nomura 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

BMO 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.

eBay (EBAY) Price Target Adjuted to $33 at Baird on PayPal Spin

Baird analyst Colin Sebastian adjusted his price target on Outperform-rated eBay (NASDAQ: EBAY) to $33.00 (from $72.00) following the PayPal spin.

Sebastian commented, "While Marketplace growth remains challenged due to competitive and platform headwinds, underlying trends should remain steady near term, and we note that easier... More

UPDATE: SunTrust Starts PayPal (PYPL) at Buy

(Updated - July 20, 2015 8:57 AM EDT)

SunTrust Robinson Humphrey initiated coverage on PayPal (NASDAQ: PYPL) with a Buy rating and a price target of $45. Analyst Robert S. Peck noted PayPal has plenty of capital capacity to fund M&A and investment.

"The company is a leading enabler of online and in-app payments, thus levered to secular growth... More

JPMorgan Starts PayPal (PYPL) at Overweight

JPMorgan initiated coverage on PayPal (NASDAQ: PYPL) with an Overweight rating and a price target of $48.00.

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.

Baird Starts PayPal (PYPL) at Outperform; Well Positioned for Long-Term Growth Following eBay Separation

Baird 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

Wells Fargo Starts PayPal (PYPL) at Outperform

Wells Fargo initiated coverage on PayPal (NASDAQ: PYPL) with an Outperform rating.

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.

Wedbush Starts PayPal (PYPL) at Neutral

Wedbush initiates coverage on PayPal (NASDAQ: PYPL) with a Neutral rating and a price target of $40.00.

Analyst Gil Luria commented, "We see PayPal as an enduring leader in the payments market which should allow for several more years of 15%+ revenue and earnings growth. We... More