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Jefferies Reiterates Buy on PayPal (PYPL)

December 1, 2016 9:37 AM EST

Jefferies reiterated a Buy rating and $52.00 price target on PayPal (NASDAQ: PYPL) as the company considers a more asset-light model for its consumer credit business. Jefferies thinks the change could be related to both new and existing loans, and expects further updates over the... More