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KBW Raises Price Targets for PayPal (PYPL) and Mastercard (MA)
Gurufocus· 2024-10-08 10:30
KBW has updated its price targets for two major financial firms. The target for PayPal (PYPL, Financial) has been increased from $78 to $92. Similarly, the target for Mastercard (MA) has been raised from $550 to $580.These adjustments reflect a positive outlook on the performance and potential growth of both companies, indicating confidence in their market strategies and future earnings. ...
PYPL or PANW: Which Is the Better Value Stock Right Now?
ZACKS· 2024-10-07 16:46
Investors looking for stocks in the Internet - Software sector might want to consider either Paypal (PYPL) or Palo Alto Networks (PANW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that target ...
Rocket Companies Names Venmo Chief Technology Officer, Former PayPal Executive, Papanii Okai EVP of Product Engineering
Prnewswire· 2024-10-07 15:54
Okai brings years of tech leadership to Rocket as the company continues its strategy of AI-fueled homeownershipDETROIT, Oct. 7, 2024 /PRNewswire/ -- Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company including mortgage, real estate and other financial service businesses, today named Venmo Chief Technology Officer and former PayPal technology executive Papanii Okai the Executive Vice President (EVP) of Product Engineering – effective October 7. In this newly created role, Okai will work ...
PayPal Holdings: With Its Turnaround In Full Swing, Shares Deserve To Move Higher
Seeking Alpha· 2024-10-06 13:26
One thing that I have learned about investing over the years is that patience often pays off. As much as I would love to see every investment achieve significant upside in a short window of time, that's just not theCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E ...
PayPal Stock Is Down 75% From Its High. Is Now the Time to Pounce?
The Motley Fool· 2024-10-04 12:00
It's been a year since the new CEO took charge, and much has changed.In today's video, I will be talking about the recent updates regarding PayPal (PYPL -0.17%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Oct. 1, 2024. The video was published on Oct. 3, 2024. ...
PayPal Makes First Business PYUSD Payment as Stablecoins Surge
PYMNTS.com· 2024-10-03 20:45
PayPal has reportedly completed its first business payment with its in-house stablecoin.This was done to show how digital currencies could be used to improve upon what are often muddled commercial transactions, Bloomberg News reported Thursday (Oct. 3), citing interviews with company officials.The payment — PayPal did not disclose the amount — was to accounting giant Ernst & Young on Sept. 23 using PYUSD, the stablecoin the firm launched in 2023, using an SAP SE platform to complete the transaction. Stablec ...
PayPal Stock: This Rally May Be Just The Beginning
Seeking Alpha· 2024-10-03 13:01
With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.After I initiated coverage of PayPal Holdings (NASDAQ: PYPL ) stock at the end of January 2024 , the stock price initially went nowhere and remained in its usual price channel for several months, which began inHe leads the investing group Beyond the ...
PayPal Stock Is Up 20% in 2 Months. Here's Why the Stock Could Double From Here
The Motley Fool· 2024-10-03 11:50
PayPal's stock is just getting started.These past few weeks have been a welcome change if you're a PayPal (PYPL -0.04%) investor. Instead of the stock moving sideways after its dramatic decline, it finally showed some life and rallied as much as 20%. The stock still has a long way to go -- it's still down 75% from its all-time highs. However, the recent rebound could be the beginning of a much larger move, and investors who missed out on the first part of the rally have the opportunity to participate in a m ...
You'll Never Believe Which Beaten-Down Financial Stock Is Suddenly Outperforming the S&P 500 in 2024
The Motley Fool· 2024-10-01 14:07
It might have just taken a little time for the wheels on this turnaround to get some traction on the road to recovery.Looking back more than 50 years, the S&P 500 goes up about 10% every year. But don't tell that to the market in 2024. As of Sept. 27, the S&P 500 is up over 20%, making this an above-average year so far and there are still three months to go.Beating the S&P 500 over the long haul is hard enough, and beating the market in a good year can be even harder. But if you bought shares of financial t ...
PayPal CEO's first year was praised by Wall Street, but hard part starts now for struggling payments company
CNBC· 2024-10-01 10:00
In this articlePYPLAlex Chriss, CEO of PayPal Inc.Courtesy: PayPalIn January, about a hundred days into his job as PayPal CEO, Alex Chriss told CNBC's David Faber that the payments company hadn't had much to celebrate in recent years. But Chriss confidently said he was prepared to "shock the world.""I love being an underdog," Chriss said in an interview on "Squawk on the Street," from the floor of the New York Stock Exchange. He was responding to a question about a recent spate of analyst downgrades.Dan Dol ...