PayPal (PYPL) PT Raised to $65 at Baird
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UPDATE: Cantor Fitzgerald Assumes PayPal (PYPL) at Overweight
July 27, 2017 4:51 PM EDT(Updated - July 28, 2017 7:09 AM EDT)
(updated to add analyst comment)
Cantor Fitzgerald assumes coverage on PayPal (NASDAQ: PYPL) with a Overweight rating and a price target of $70.00.
Analyst Joseph Foresi assumes coverage from analyst Naved Khan. He believes... More
PayPal (PYPL) PT Raised to $64 at Deutsche Bank
July 27, 2017 8:22 AM EDTDeutsche Bank raised its price target on PayPal (NASDAQ: PYPL) to $64.00 (from $61.00) while maintaining a Buy rating.
... MorePayPal (PYPL) PT Raised to $52 at Cowen
July 27, 2017 8:01 AM EDTCowen 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.
... MorePayPal (PYPL) PT Raised to $68 at Nomura/Instinet
July 27, 2017 6:50 AM EDTNomura/Instinet raised its price target on PayPal (NASDAQ: PYPL) to $68.00 (from $57.00) while maintaining a Buy rating.
Analyst Bill Carcache says the company is "oozing bullishness" and comments that investors should expect further outperformance.
FY 2017 EPS estimate rises from $1.77 to $1.83 and keeps FY 2018 EPS estimate at $2.12.
... MorePayPal (PYPL) PT Raised to $62 at BofA/Merrill Lynch
July 27, 2017 6:47 AM EDTBofA/Merrill Lynch raised its price target on PayPal (NASDAQ: PYPL) to $62.00 (from $58.00) while maintaining a Neutral rating.
Analyst Kenneth Bruce calls the Q2 report "good" and notes the strong momentum and higher guidance as a reason to not be negative... More
PayPal (PYPL) PT Raised to $66 at Barclays
July 27, 2017 6:33 AM EDTBarclays raised its price target on PayPal (NASDAQ: PYPL) to $66.00 (from $63.00) while maintaining a Overweight rating.
Analyst Darrin Peller believes the business partnerships are encouraging and comments "We expect contributions from recent partnerships to provide a source of upside in FY18 once... More
PayPal (PYPL) PT Raised to $67 at Citi
July 27, 2017 6:24 AM EDTCiti raised its price target on PayPal (NASDAQ: PYPL) to $67.00 (from $62.00) while maintaining a Buy rating.
Analyst Ashwin Shirvaikar believes PYPL is great way to play the digital commerce trend and over the LT believes the company will continue to enhance their... More
PayPal (PYPL) Tops Q2 EPS by 3c; Raises Outlook
July 26, 2017 4:14 PM EDTPayPal (NASDAQ: PYPL) reported Q2 EPS of $0.46, $0.03 better than the analyst estimate of $0.43. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.09 billion.
6.5 million active customer accounts added with net new additions up 80%Ended the quarter with 210 million active customer accounts, including 17 million merchant accounts1.8 billion payment transactions, up 23%32.3 payment transactions per active account on a trailing twelve months basis, up 10%$106 billion in total payment volume (TPV), up 23%, or 26% on an... More