Citi raised the firm’s price target on PayPal to $81 from $79 and keeps a Buy rating on the shares. The firm says its investor meeting with PayPal’s CEO and CFO highlighted the transition to “PayPal 3.0.” The transition plan appears on track, underpinned by good organizational structure progress that should support a higher level of strategic execution, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PYPL: