Keefe Bruyette analyst Sanjay Sakhrani maintains an Outperform rating on PayPal (PYPL) with a $92 price target following the company’s Q3 report. PayPal reported a solid quarter and demonstrated the continued progress that is being made by management to pivot to a growth path focused on profitability first, the analyst tells investors in a research note. The firm sees additional levers to drive outperformance into 2025, including additional merchant and consumer pricing initiatives.
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