Payments firm PayPal to lay off 7% of its workforce to cut costs
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Apple Pay has unique advantages but PayPal not yet impacted - Morgan Stanley
February 1, 2023 9:08 AM ESTMorgan Stanley's James Faucette said in a research note on Wednesday that Apple (NASDAQ: AAPL) Pay shouldn't impact PayPal's (NASDAQ: PYPL) growth in the medium term.
Even so, the analyst, who has an Overweight rating and a $136 price target on PayPal, said Apple Pay has unique advantages in tech, demographics, and retention that... More
