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Canaccord Sees One Clear Positive Catalyst for PayPal (PYPL)

September 26, 2022 12:18 PM EDT

In a wide-ranging note Monday, Canaccord analyst Kai Korschelt stated that despite a tough macro backdrop, they see one clear upcoming positive catalyst on the horizon for PayPal (NASDAQ: PYPL).

That positive catalyst is Pay with Venmo being launched on Amazon (NASDAQ: AMZN), which is expected to occur in the fourth quarter.

With... More