PayPal tumbles 12%, eyes lowest close since 2017

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PayPal's (PYPL) selloff 'overblown,' Mizuho analyst reiterates buy rating

May 11, 2023 11:56 AM EDT

The PayPal (NASDAQ: PYPL) selloff is overblown, according to Mizuho analyst Dan Dolev, who reiterated a Buy rating and $92 price target on the stock in a note to clients Thursday.

PayPal shares fell over 12% Tuesday post-earnings and a further 3% on Wednesday, falling... More