Morgan Stanley analyst James Faucette raised the firm’s price target on PayPal (PYPL) to $90 from $76 and keeps an Equal Weight rating on the shares. The firm says in a 2025 outlook note that its Attractive payments and processing industry view are based on improving investor sentiment, young consumer preferences, a call for accelerated investment in competitive strengths, more M&A, and easing regulatory scrutiny.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL:
- PayPal price target raised to $115 from $95 at Macquarie
- PayPal price target raised to $110 from $92 at Barclays
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Wolfe upgrades PayPal to Outperform on potential upside to estimates
- PayPal upgraded to Outperform from Peer Perform at Wolfe Research