Morgan Stanley raised the firm’s price target on PayPal (PYPL) to $76 from $71 and keeps an Equal Weight rating on the shares. PayPal is “setting the stage” to be a consistent mid-single digit gross profit grower with durable high-single to low-double digit EPS growth, but efforts to drive improved Branded growth, Pay with Venmo usage, and Fastlane will “likely require patience” into late 2025 and 2026, the analyst tells investors.
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