PayPal's profit surges on growth in transactions, new users

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Go back to PayPal's profit surges on growth in transactions, new users

PayPal (PYPL) PT Raised to $46 at Mizuho Securities

April 28, 2016 7:29 AM EDT

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and boosted his price target on PayPal (NASDAQ: PYPL) to $46.00 (from $40.00) following solid Q1 results.

Doshi commented, "PayPal posted a 1Q beat with guidance that was generally in-line with expectations. However, what... More