PayPal (PYPL) PT Lowered to $90 at Truist Securities
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PayPal (PYPL) stock cut at Edward Jones, removed from Focus List after 'weaker' results
May 10, 2023 9:16 AM EDTEdward Jones analyst Logan Purk downgraded PayPal (NASDAQ: PYPL) shares to Hold from Buy after weaker quarterly results.
The analyst also removed it from Edward Jones Stock Focus List.
PayPal has embraced a strategy shift, focusing on its largest accounts that drive a majority... More
Credit Suisse Downgrades PayPal (PYPL) to Neutral
May 9, 2023 8:25 AM EDTCredit Suisse analyst Timothy Chiodo downgraded PayPal (NASDAQ: PYPL) from Outperform to Neutral with a price target of $85.00 (from $100.00).
The analyst comments "FY 2023 revenue & EPS higher, driven by Braintree strength and further cost reductions: PayPal delivered a ~200bps acceleration in Branded Checkout growth in Q1 relative to Q4 levels, which would suggest at least stable trends vs. industry data points (e.g., Shopify GMV... More
