PayPal releases its stablecoin natively on Solana blockchain

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New Street Research starts PayPal (PYPL) at Buy as company pivots to value

May 31, 2024 7:44 AM EDT

PayPal (NASDAQ: PYPL) was initiated with a Buy rating and $80 per share price target at New Street Research on Friday.

Analysts at the firm highlighted that almost nine months in, new CEO Alex Chriss is looking to pivot PayPal to value from price... More