PayPal (PYPL) PT Raised to $65 at Baird
Tweet
Share
E-mail
Get Alerts PYPL Hot Sheet
Price: $41.70 -1.51%
Rating Summary:
20 Buy, 41 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
20 Buy, 41 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Join SI Premium – FREE
Baird raised its price target on PayPal (NASDAQ: PYPL) to $65.00 (from $59.00) while maintaining a Outperform rating.
Analyst Colin Sebastian comments to clients in a more research note that he would be an opportunistic buyer given ongoing positive eCommerce trends, new partnership opportunities Venmo monetization and asset light credit strategies which ought to generate further upside catalysts.
FY 2017 EPS estimate rises from $1.80 to $1.84 and FY 2018 EPS estimate from $2.18 to $2.19.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Canaccord Upgrades Iluka Resources Ltd (ILU:AU) (ILKAF) to Buy
- Axis Capital Limited Upgrades Zensar Technologies Ltd. (ZENT:IN) to Buy (1)
- Axis Capital Limited Upgrades L&T Technology Services Ltd. (LTTS:IN) to Buy (1)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst PT ChangeRelated Entities
Robert W BairdSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
