PayPal's China, Europe transaction volumes hit by strong dollar
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PayPal (PYPL) Reaffirms Guidance Following Solid 3Q; Canaccord Genuity Reiterates Buy
October 29, 2015 10:29 AM EDTCanaccord 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
October 29, 2015 8:38 AM EDTBaird 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
October 29, 2015 7:36 AM EDTRBC 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
October 29, 2015 6:54 AM EDTCompass 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
PayPal (PYPL) Margins, Revenue Boost Due to Renegotiated Terms; Evercore Maintains at 'Sell'
October 29, 2015 6:34 AM EDTEvercore ISI affirms PayPal (Nasdaq: PYPL) at Sell with a price target of $31 following Q3 results reported Wednesday night.
Analyst Ken Sena noted the following:
Favorable Synchrony effect is recurring, as PYPL expects ~75% of the $37mm Synchrony payment quarterly now... More