PayPal Stock (PYPL): $229 Price Target From Raymond James

PayPal Stock (PYPL): $229 Price Target From Raymond James
  • The shares of PayPal Holdings Inc (NASDAQ: PYPL) have received a $229 price target from Raymond James. These are the details.

The shares of PayPal Holdings Inc (NASDAQ: PYPL) have received a $229 price target from Raymond James. And Raymond James analyst John Davis maintained an “Outperform” rating on the shares. 


Davis is continuing to recommend PayPal and said it has become a show-me story. Plus Davis expects the stock to be range-bound in the first half of 2022. 


Davis pointed out that the company faces tough comps in the first half of 2022, but growth should accelerate in the second half of 2022 as eBay rolls off and comps ease.


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