Truist Anticipates Solid PayPal (PYPL) Q4 Results but Warns of Difficult Volume Comparisons

Group 1 - PayPal Holdings Inc. is considered one of the best inexpensive stocks to buy currently, despite recent price target reductions by analysts [1] - Truist analyst Matthew Coad lowered the price target for PayPal to $58 from $66, maintaining a Sell rating, citing challenging year-over-year comparisons that may hinder significant volume exceedance [1] - Stephens also reduced its price target for PayPal to $65 from $75 while keeping an Equal Weight rating, indicating an expected improvement in market sentiment towards the Payment and IT Services sector in the coming year [2] Group 2 - Piper Sandler cut its price target for PayPal to $74 from $76 while maintaining a Neutral rating ahead of the company's quarterly results, indicating cautious optimism [3] - The fintech sector is anticipated to deliver solid quarterly results, although analysts warn of difficult volume comparisons impacting performance [1][3]