PayPal price target raised to $97 from $94 at Citi

Citi raised the firm’s price target on PayPal (PYPL) to $97 from $94 and keeps a Buy rating on the shares as part of a 2025 preview for the financial technology sector. Investor interest in FinTech “continues to grind higher, echoing improvement in sector performance since the U.S. election,” the analyst tells investors in a research note. Citi expects a greater return to the asset class in 2025 given the stable macro backdrop, a reduced regulatory burden, potential for further acquisitions, and steadier growth profiles.