RBC Capital keeps an Outperform rating and $74 price target on PayPal. The management is looking to address PayPal products’ value proposition having fallen behind the competition, and while the company is early in the transition, shares “look compelling” at current level, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PYPL:
- TipRanks’ All-Star Analyst – Who is the Best on PYPL Stock?
- DLocal drops almost 20% after reporting Q4 financial results
- PayPal has fallen far enough, time to buy, Barron’s says
- PayPal call volume above normal and directionally bullish
- PayPal appoints Aaron Webster as Chief Enterprise Services Officer