PayPal price target raised to $91 from $80 at Baird

Baird raised the firm’s price target on PayPal (PYPL) to $91 from $80 and keeps an Outperform rating on the shares. The firm said there were no major surprises in PayPal’s Q3 report; a slight miss on headline revenues, but in line with guidance, and Q4 is off to a good start.