After-Hours Movers: Block, DoorDash, Coinbase Gain Following EPS; PayPal Falls

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PayPal (PYPL) PT Lowered to $75 at Jefferies

November 4, 2022 8:37 AM EDT

Jefferies analyst Trevor Williams lowered the price target on PayPal (NASDAQ: PYPL) to $75.00 (from $93.00) while maintaining a Hold rating.

The analyst commented, "We're a bit surprised by the magnitude of the after-hours reaction. Though a weak holiday season outlook and generally... More

RBC Capital Downgrades Twilio (TWLO) to Sector Perform

November 4, 2022 6:15 AM EDT

RBC Capital analyst Rishi Jaluria downgraded Twilio (NYSE: TWLO) from Outperform to Sector Perform with a price target of $55.00 (from $110.00).

The analyst comments "We are downgrading our rating on Twilio to Sector Perform from Outperform and reducing our price target to $55 from $110,... More