Apple Pay InBrowser To Have Modest Impact on PayPal (PYPL) - SunTrust's Peck
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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 8:24 AM EDT
BTIG affirms PayPal Holdings, Inc. (Nasdaq: PYPL) with a Buy rating and $48 price target, saying recent Apple Pay-related news as a negative to the stock might be overdone.
Analyst Mark Palmer commented, Shares of PayPal Holdings declined by about 6% over two days last week after Re/code on Wednesday reported that Apple Pay would be... 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
