Stand-Alone PayPal (PYPL) Gets Wall Street Love
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/26/2026
- S&P 500, Nasdaq set for weekly fall as chip stocks slide
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
- Needham Starts NeoVolta (NEOV) at Buy
- TD Cowen: 'Sober View Suggests Structural Alcohol Risks Are Overblown'
- Two major earthquakes strike Venezuela, killing at least 32 and injuring hundreds
- Hertz cuts guidance, announces notes and stock offerings, shares sink
- Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Piper Jaffray Starts PayPal (PYPL) at Underweight; Cites LT Impact from Emerging Competition
July 21, 2015 6:44 AM EDTPiper 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
Stifel Starts PayPal (PYPL) at Hold
July 20, 2015 5:11 PM EDTStifel initiated coverage on PayPal (NASDAQ: PYPL) with a Hold 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.
... MoreBTIG Starts PayPal (PYPL) at Buy
July 20, 2015 4:31 PM EDTBTIG initiated coverage on PayPal (NASDAQ: PYPL) with a Buy rating and a price target of $48. Analyst Mark Palmer thinks the company is uniquely positioned to benefit from the mobile payments boom.
"We believe PYPLs differentiated array of assets, combined with... More
Moody's Downgrades eBay (EBAY) to 'Baa1' Following PayPal Spin
July 20, 2015 10:56 AM EDTMoody's Investors Service, Inc. ("Moody's") has downgraded eBay's (Nasdaq: EBAY) long term issuer and senior unsecured ratings to Baa1 from A2 and short-term rating to Prime-2 from Prime-1. The rating outlook is stable.
These rating actions conclude the review for downgrade initiated on September 30, 2014 following eBay's announcement of its plan to spin-off of its PayPal subsidiary.
RATINGS RATIONALE
The ratings downgrade reflects a weaker, though still strong, credit profile post the spin-off with higher financial leverage, reduced business diversity after the separation of the faster growing PayPal business and Moody's expectation of continued... More
Pre-Open Stock Movers 07/20: (EXEL) (VSLR) (PYPL) Higher; (CRMD) (CALM) (BRCD) Lower (more...)
July 20, 2015 9:28 AM EDTExelixis (NASDAQ: EXEL) 50.6% HIGHER; announced positive top-line results from the primary analysis of METEOR, the phase 3 pivotal trial comparing cabozantinib to everolimus in 658 patients with metastatic renal cell carcinoma (RCC) who have experienced disease progression following treatment with a VEGF receptor tyrosine kinase inhibitor (TKI).
Vivint Solar (NYSE: VSLR) 43.6% HIGHER; SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, Vivint Solar (NYSE: VSLR),... 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.
... MoreUPDATE: SunTrust Starts PayPal (PYPL) at Buy
July 20, 2015 7:15 AM EDT(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
July 20, 2015 7:14 AM EDTJPMorgan 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.
... 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
Wells Fargo Starts PayPal (PYPL) at Outperform
July 20, 2015 6:41 AM EDTWells 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.
... MoreUPDATE: 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
Wedbush Starts PayPal (PYPL) at Neutral
July 17, 2015 7:57 AM EDTWedbush 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
