In a report released today, Chris Kotowski from Oppenheimer maintained a Buy rating on Paypal Holdings (PYPL – Research Report), with a price target of $85.00. The company’s shares opened today at $78.56.
According to TipRanks, Kotowski is a 5-star analyst with an average return of 15.2% and a 63.78% success rate. Kotowski covers the Financial sector, focusing on stocks such as Bank of America, Citigroup, and JPMorgan Chase & Co..
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paypal Holdings with a $103.26 average price target, which is a 31.44% upside from current levels. In a report released on January 18, Robert W. Baird also maintained a Buy rating on the stock with a $95.00 price target.
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Based on Paypal Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.85 billion and a net profit of $1.33 billion. In comparison, last year the company earned a revenue of $6.18 billion and had a net profit of $1.09 billion
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PayPal Holdings, Inc. is a digital payments platform that enables its customers to send and receive payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle and Hyperwallet products. The company was founded in December 1998 and is headquartered in San Jose, CA.
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