Monness Crespi raised the firm’s price target on PayPal to $88 from $80 and keeps a Buy rating on the shares. The recent run in PayPal shares has reflected the confirmation that transaction margin dollars and EPS guidance provided was conservative considering the new management team’s need to build credibility, the analyst tells investors in a research note. The firm thinks CY25 EPS estimates have likely already troughed and believes PayPal is taking the correct steps.
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