PayPal (PYPL) PT Raised to $46 at Mizuho Securities
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PayPal (PYPL) Continues To Gain Share - Baird
April 28, 2016 8:00 AM EDTBaird analyst, Colin Sebastian, raised his PT on PayPal (NASDAQ: PYPL) to $48 from $45 and reiterated his Outperform rating after another solid quarter where the company appears to be gaining marketshare despite the increasing competition.
PayPal reported TPV growth (+31% Y/Y ex-FX vs. +29% Y/Y in 4Q15) well above overall e-commerce, driven by higher user engagement (particularly mobile), suggesting that PayPal continues to gain share despite an increasingly competitive digital payment landscape. Looking ahead, the analyst expects... More
PayPal's profit surges on growth in transactions, new users
April 27, 2016 4:14 PM EDTBy Narottam Medhora
(Reuters) - PayPal Holdings Inc's (NASDAQ: PYPL) quarterly revenue and profit jumped, beating analysts' estimates, as the company added customers and processed more digital payments.
Shares of PayPal, spun off from eBay Inc (NASDAQ: EBAY) last year, were up 2 percent at $40.90 in extended trading on Wednesday.
PayPal, which is facing... More
PayPal (PYPL) Tops Q1 EPS by 2c, Reaffirms FY Guidance
April 27, 2016 4:07 PM EDTPayPal (NASDAQ: PYPL) reported Q1 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.5 billion.
GUIDANCE:
PayPal sees Q2 2016 EPS of $0.34-$0.36, versus the consensus of $0.35. PayPal sees Q2... More
