PayPal's rocky road ahead warrants more cost cuts, Wall Street says
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
Apple Pay has unique advantages but PayPal not yet impacted - Morgan Stanley
February 1, 2023 9:08 AM ESTMorgan Stanley's James Faucette said in a research note on Wednesday that Apple (NASDAQ: AAPL) Pay shouldn't impact PayPal's (NASDAQ: PYPL) growth in the medium term.
Even so, the analyst, who has an Overweight rating and a $136 price target on PayPal, said Apple Pay has unique advantages in tech, demographics, and retention that... More
