PayPal Significantly Expands Global Omnichannel Platform With Acquisition of iZettle
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PayPal (PYPL) PT Raised to $85 at Oppenheimer Following Agreement to Acquire iZettle
May 18, 2018 9:08 AM EDTOppenheimer raised its price target on PayPal (NASDAQ: PYPL) to $85.00 (from $80.00) while maintaining a Outperform rating following the company's announced agreement to acquire iZettle for $2.2B in cash. iZettle adds ~500K merchants, ~$6B in TPV, and broadens PYPL's in-store and omni-channel capabilities. iZettle... More
PayPal (PYPL) iZettle Acquisition Seen as Strategic - RBC
May 18, 2018 7:54 AM EDTRBC Capital analyst Daniel Perlin reiterated an Outperform rating and $87 price target on PayPal (NASDAQ: PYPL) after the company announced the acquisition of iZettle for $2.2B in cash.
"We see iZettle as being strategic to PYPL, as it strengthens the companys physical... More
BofA/Merrill Lynch Reiterates Buy on PayPal (PYPL) Following Reports of iZettle Acquisition Interest
May 18, 2018 7:34 AM EDTBofA/Merrill Lynch reiterated a Buy rating and $88.00 price target on PayPal (NASDAQ: PYPL) following reports that the company plans to acquire Stockholm-based iZettle. Press reports indicate the all cash purchase price is about $2.2B, which is ahead of the $1.1B valuation... More
