PayPal Reports Strong Third Quarter Results

PayPal (PYPL) PT Raised to $45 at Oppenheimer

Oppenheimer analyst Glenn Greene reiterated an Outperform rating and raised his price target on PayPal (NASDAQ: PYPL) to $45.00 (from $43.00) after solid 3Q results, as revenue of $2.67B grew 18% year/year (+21% in constant currency) and EPS of $0.35 was essentially in line with the firm's/Street's $0.34/0.35... More

PayPal (PYPL) PT Raised to $47 at Credit Suisse; Results Just 'Ok' But Visability Increases Conviction

Credit Suisse analyst Paul Condra reiterated an Outperform rating and raised his price target on PayPal (NASDAQ: PYPL) to $47.00 (from $43.00) following 'ok' results, but visibility strengthens conviction.

Condra commented, "The quarter wasnt great, but it was good enough. Management did... More

PayPal (PYPL) PT Lifted to $48 at Mizuho Following Solid Q3

Mizuho Securities analyst Neil Doshi reiterated a Buy rating and lifted its price target PayPal (NASDAQ: PYPL) price target of $48.00 (from $46.00) following solid solid 3Q results with a slight miss on 4Q guidance.

Doshi commented, "We saw strength in active customer accounts, transaction growth,... More

Stifel Upgrades PayPal (PYPL) to Buy Following 'Solid' Q3 Results

(Updated - October 21, 2016 8:46 AM EDT)

Stifel upgraded PayPal (NASDAQ: PYPL) from Hold to Buy with a price target of $49.00 (from $43.00). Analyst Scott W. Devitt called Q3 results solid across the board and highlighted its stable, consistent, and robust growth.

"We like businesses with sustainable competitive advantages, long growth runways, and strategically-minded management. We... More

PayPal (PYPL) Reports In-Line Q3 EPS

PayPal (NASDAQ: PYPL) reported Q3 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $2.67 billion versus the consensus estimate of $2.65 billion.

GUIDANCE:

PayPal sees Q4 2016 EPS of $0.40-$0.42, versus the consensus of $0.42. PayPal sees Q4... More