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PayPal (PYPL) PT Lowered to $88 at Credit Suisse; 'PYPL/EBAY Deal a Sizeable Speed Bump... Expect EPS Headwind, Though Levers Available to Offset'

February 14, 2018 6:37 AM EST

Credit Suisse lowered its price target on PayPal (NASDAQ: PYPL) to $88.00 (from $91.00) while maintaining a Outperform rating, following an update to the current PYPL/EBAY deal.

Analyst Paul Condra notes a reduced outlook on the shares, citing expectations for EPS headwinds,... More