Is PayPal Holdings, Inc. (PYPL) One of the Best Beaten-Down Stocks to Invest in According to Analysts?

Core Viewpoint - PayPal Holdings Inc. is viewed as a promising investment opportunity as it seeks to establish a bank in the US to enhance its lending capabilities and capitalize on a favorable regulatory environment [1][2]. Group 1: Business Expansion Plans - PayPal has filed with the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation to form an industrial loan company, aiming to strengthen its presence in the US financial system [2]. - The company has provided $30 billion in loans and capital to small businesses since 2013, indicating its commitment to supporting small business growth [3]. - Plans include offering interest-bearing savings accounts to customers, further diversifying its financial services [3]. Group 2: Management Insights - CEO Alex Chriss emphasized that establishing PayPal Bank will enhance business efficiency and support small business growth and economic opportunities across the US [4]. Group 3: Market Position and Analyst Ratings - Bernstein SocGen has maintained a Market Perform rating on PayPal with a price target of $76, reflecting optimism about the company's potential to expand its lending operations and reduce reliance on partner banks [4].