Oppenheimer analyst Dominick Gabriele raised the firm’s price target on PayPal to $90 from $85 and keeps an Outperform rating on the shares. CEO Dan Schulman announced his retirement at the end of 2023, and the company’s FY23 EPS guidance "feels like a cautious outlook" that is beatable among payment peers, 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
See the top stocks recommended by analysts >>
Read More on PYPL: