Wall Street Amped Up for PayPal's (PYPL) First Quarter as Independent Company

PayPal (PYPL) Reaffirms Guidance Following Solid 3Q; Canaccord Genuity Reiterates Buy

Canaccord Genuity reiterated a Buy rating on PayPal (NASDAQ: PYPL), and raised the price target to $44.00 (from $43.00), following the company's 3Q earnings report. PayPal reported solid Q3 results, with revenue missing consensus by less than 1% and EPS beating by 6%. PayPal communicated that the... More

Baird Reiterates Outperform on PayPal (PYPL) Following 3Q

Baird reiterated an Outperform rating and $45.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q15 earnings results and conference call. On the call, management indicated that investments in the technology stack are starting to bear fruit. More specifically, PayPal OneTouch is now offered... More

PayPal (PYPL) Reported a 3Q EPS Beat; RBC Capital Reiterates Outperform

RBC Capital reiterated an Outperform rating and $46.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q earnings results. PayPal reported Q3/15 adjusted EPS of $0.31, $0.02 above the Street's estimate.

Analyst Daniel Perlin commented, "In general, we believe that PayPals first stand-alone... More

FX Headwinds Negatively Effect 3Q Results for PayPal (PYPL); Compass Point Reiterates Buy

Compass Point reiterated a Buy rating and $45.00 price target on PayPal (NASDAQ: PYPL) following the company's 3Q15 earnings results. Revenue of $2.26B rose 15% YOY and 19% on an FX neutral basis, missing consensus of $2.28B, as FX-headwinds negatively impacted transaction revenues.

Analyst Michael... More

Goldman Sachs Adds PayPal (PYPL) to Conviction Buy List

(Updated - October 26, 2015 8:39 AM EDT)

Goldman Sachs upgraded PayPal (NASDAQ: PYPL) from Buy to Conviction Buy with a price target of $45. The change comes ahead of Q3 results on Wednesday. Analyst Heath P. Terry noted the company's strong growth trajectory and compelling valuation.

"We believe recent share price... More