BTIG Sees Negative Reaction to PayPal (PYPL) from Apply Pay Initiatives as 'Overblown'
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March 30, 2016 7:07 AM EDT
Bernstein initiated coverage on PayPal (NASDAQ: PYPL) with a Market Perform rating and a price target of $43.00.
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 $39.53 yesterday.
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March 28, 2016 8:58 AM EDT
SunTrust Robinson Humphrey analyst, Robert Peck, noted that PayPal (NASDAQ: PYPL) shares were down nearly 4% on Thursday on a report that Apple Pay is to expand to mobile in-browser (from in-store and inapp) later this year ahead of the holidays. He... More
March 24, 2016 9:31 AM EDT
PayPal (NASDAQ: PYPL) Opens Sharply Lower
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March 24, 2016 7:49 AM EDT
Sterne Agee CRT initiated coverage on PayPal (NASDAQ: PYPL) with a Neutral 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 $40.52 yesterday.
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March 24, 2016 7:22 AM EDT
Media reports suggest that Apple is looking to expand Apple Pay to in-browser (on TouchID enabled devices). While this could represent some near-term headline risk for PayPal (NASDAQ: PYPL), Jefferies analyst, Jason Kupferberg, believes the competitive impact introduced by Apple Pay in-browser will be limited due to potential consumer and merchant adoption hurdles and PYPL's significant first mover advantage.
According... More
