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

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Barclays Starts PayPal (PYPL) at Overweight

July 22, 2015 7:10 AM EDT

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.

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Stifel Starts PayPal (PYPL) at Hold

July 20, 2015 5:11 PM EDT

Stifel 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.

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BTIG Starts PayPal (PYPL) at Buy

July 20, 2015 4:31 PM EDT

BTIG 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

Stand-Alone PayPal (PYPL) Gets Wall Street Love

July 20, 2015 10:02 AM EDT

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 valued at about $50 billion ahead of market debut

July 20, 2015 9:38 AM EDT

By Devika Krishna Kumar and Mari Saito

(Reuters) - PayPal Holdings Inc (Nasdaq: PYPL) shares rose 5.9 percent in premarket trading, ahead of their highly anticipated return to the Nasdaq, valuing the company at about $50 billion.

PayPal, spun off from eBay Inc (Nasdaq: EBAY), is widely expected to build partnerships with e-commerce rivals and try to seize market share from startups such as Stripe and Square and technology behemoth Apple Inc (Nasdaq: AAPL), which unveiled its own mobile payments... More

PayPal (PYPL) Completes Separation from eBay (EBAY)

July 20, 2015 9:34 AM EDT

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

July 20, 2015 8:37 AM EDT

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

July 20, 2015 8:25 AM EDT

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.

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UPDATE: 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 EDT

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.

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

July 20, 2015 7:08 AM EDT

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

July 20, 2015 6:41 AM EDT

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.

... 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