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Jefferies Reiterates Buy on PayPal (PYPL) Following Announced TIO Networks Acquisition
February 15, 2017 8:45 AM ESTJefferies reiterated a Buy rating and $52.00 price target on PayPal (NASDAQ: PYPL) following the company's announced plans to acquire TIO Networks.
Analyst Jason Kupferberg commented, "Earlier, PayPal announced the planned acquisition of TIO Networks, a Canadabased bill payment processor. The purchase price... More
