PayPal Reports Second Quarter 2017 Results and Raises Financial Guidance for Full Year

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PayPal (PYPL) PT Raised to $64 at Deutsche Bank

July 27, 2017 8:22 AM EDT

Deutsche Bank raised its price target on PayPal (NASDAQ: PYPL) to $64.00 (from $61.00) while maintaining a Buy rating.

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PayPal (PYPL) PT Raised to $52 at Cowen

July 27, 2017 8:01 AM EDT

Cowen raised its price target on PayPal (NASDAQ: PYPL) to $52.00 (from $48.00) while maintaining a Market Perform rating. Strong 2Q results exceeded revenue estimates by ~150 bps, with a more modest EPS beat of $0.01, resulting in the second guidance raise of the year.

Cowen raised 2017 and 2018 adj. EPS estimates to $1.84 and $2.23, respectively.

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