PayPal (PYPL) Stock Soars Over 6% on Confirmation It Won't Acquire Pinterest (PINS) 'At This Time'; PINS Stock Down 11%
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Payments Q3 Earnings Preview: Jefferies Expects Square (SQ) to Miss, PayPal (PYPL) Likely a Non-Event, Sees Risk for Mastercard (MA) and Visa (V) on Q4 Outlook
October 22, 2021 9:20 AM EDTJefferies analyst Trevor Williams has weighed in on the banks research coverage of Payments, Processors and IT Services companies ahead of Q3 earnings.
Overall, the analyst sees a little room for surprises compared to Q2 as investors brace for soft results after macro turbulence in August, a decel in eComm, and easing FX tailwinds.
As far as two top names in the payments sector are concerned, Williams sees a pocket of risks for both Mastercard (NYSE: MA) and Visa (V).
For V, we exp. Most top-line upside in Data Processing on higher... More
PayPal (PYPL) PT Lowered to $280 at Jefferies
October 22, 2021 8:17 AM EDTJefferies analyst Trevor Williams lowered the price target on PayPal (NASDAQ: PYPL) to $280.00 (from $350.00) while maintaining a Buy rating.... More
Pinterest (PINS) on Watch on Report PayPal (PYPL) Stock Weakness Could Threaten Deal
October 21, 2021 12:50 PM EDTPinterest (NYSE: PINS) stock on watch as WSJ report said weakness in PayPal (NASDAQ: PYPL) stock could put the deal in jeopardy but it is still too early to tell.
From WSJ: "With a... More
