Form 8-K PayPal Holdings, Inc. For: Oct 20
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Stifel Upgrades PayPal (PYPL) to Buy Following 'Solid' Q3 Results
October 21, 2016 6:51 AM EDT(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
