Piper Jaffray Sees Significant Challenges for PayPal (PYPL)

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Competition Nothing New to PayPal (PYPL); Company Retains First-Mover Advantage - BTIG (AAPL)

November 12, 2015 8:49 AM EST

BTIG affirms PayPal (Nasdaq: PYPL) with a Buy rating and $48 price target amid reports that Apple (Nasdaq: AAPL) is planning to launch a P2P mobile payment platform.

The firm made the following key points:

Competitive threats are nothing new to PYPL - it seems like every year or two, during the past decade, a giant technology firm has tried to make... More

PayPal (PYPL) Hit; Apple (AAPL) Said in Talks with Banks for Mobile Payments Service - DJ

November 11, 2015 3:26 PM EST

(Updated)

PayPal (NASDAQ: PYPL) shares weakened Wednesday afternoon after Dow Jones reported that Apple (Nasdaq: AAPL) was in talks to develop a mobile payment service. The service would rival PayPal's P2P Venmo Platform,... More

PayPal (PYPL) Weaker on Apple Headlines

November 11, 2015 3:26 PM EST

PayPal (NASDAQ: PYPL) dropping on news Apple (NASDAQ: AAPL) in talks with U.S. banks to develop mobile person-to-person payment service.

... More

UPDATE: Apple (AAPL) Said in Talks to Develop Mobile P2P Payment Service (PYPL)

November 11, 2015 3:26 PM EST

(Updated - November 11, 2015 3:40 PM EST)

(Updated - November 11, 2015 3:30 PM EST)

Apple (NASDAQ: AAPL) is said in talks with banks on developing a mobile peer-to-peer payment service, according to Dow Jones headlines.

Apple's P2P payment platform could... More