PayPal Significantly Enhances Global Payout Capabilities With Acquisition of Hyperwallet

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Stephens Remains Bullish on PayPal (PYPL) Following Announced Hyperwallet Acquisition

June 20, 2018 7:21 AM EDT

Stephens reiterated an Overweight rating and $90.00 price target on PayPal (NASDAQ: PYPL) following the company's announced plans to acquire Hyperwallet for $400m in cash. Hyperwallet enables its mainly marketplace customers to more easily/quickly pay domestic and international suppliers, partners, sellers, and... More