PayPal and Synchrony Financial Announce Expanded Strategic Credit Relationship

PayPal (PYPL) PT Raised to $85 at Cantor Fitzgerald; Reiterates Overweight

Cantor Fitzgerald raised its price target on PayPal (NASDAQ: PYPL) to $85.00 (from $79.00) while maintaining a Overweight rating. PayPal announced the sale of $6.8 bn of U.S. consumer credit receivables to Synchrony Financial at approximately par. Paypal expects the transaction to free up... More

PayPal (PYPL) PT Raised to $75 at Wells Fargo Following Announced Deal with Synchrony Financial

Wells Fargo raised its price target on PayPal (NASDAQ: PYPL) to $75.00 (from $70.00) while maintaining a Market Perform rating. This morning, PYPL announced a deal with Synchrony Financial wherein SYF will purchase PYPLs U.S. consumer credit receivables and SYF will become the exclusive... More

PayPal (PYPL) PT Raised to $85 at Baird; Reiterates Outperform

Baird raised its price target on PayPal (NASDAQ: PYPL) to $85.00 (from $80.00) while maintaining a Outperform rating following announced expanded Synchrony partnership. The partnership is expected to have a neutral impact on CY18 operating income growth targets without contemplation of reinvested capital into core growth... More

PayPal (PYPL) Credit Deal 'Bigger, Better' than Expected - Buckingham Research

Buckingham Research analyst Chris Brendler reiterated a Buy rating and $80 price target on PayPal (NASDAQ: PYPL), calling the credit deal 'bigger, better than expected'

For an analyst ratings summary and ratings history on PayPal click here. For more ratings news on PayPal click here.

Shares of PayPal closed at $73.43 yesterday.

PayPal (PYPL) PT Raised to $70 at Compass Point

Compass Point raised its price target on PayPal (NASDAQ: PYPL) to $70.00 (from $54.00) while maintaining a Neutral rating after the company agreed to sell $6.8B of receivables to Synchrony Financial.