PayPal shares tumble after forecast cut, spending slowdown warning
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PayPal (PYPL) PT Lowered to $75 at Jefferies
November 4, 2022 8:37 AM EDTJefferies 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
