- The shares of PayPal Holdings Inc (NASDAQ: PYPL) have received a price target increase from $318 to $343 from Barclays. These are the details.
The shares of PayPal Holdings Inc (NASDAQ: PYPL) have received a price target increase from $318 to $343 from Barclays. And Barclays analyst Ramsey El-Assal is maintaining an “Overweight” rating on the company shares.
El-Assal is expecting a modest upside to the second-quarter estimates. And the leading indicators showed e-commerce growth decreased sequentially, but remained healthy in the second quarter — which is in line with company guidance. As a result, El-Assal believes that PayPal’s fundamentals remain strong.
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