Cantor Fitzgerald Initiates PayPal (PYPL) Coverage with Neutral Rating and $60 PT

Core Viewpoint - PayPal Holdings Inc. is considered one of the most undervalued large-cap stocks currently, with analysts expressing mixed ratings and price targets reflecting cautious optimism for future growth despite competitive pressures [1][2]. Group 1: Analyst Ratings and Price Targets - Cantor Fitzgerald analyst Ramsey El-Assal initiated coverage of PayPal with a Neutral rating and a price target of $60, highlighting recent strategic initiatives that have improved the company's growth engine across its Branded, PSP, and Venmo units [1]. - Truist analyst Matthew Coad lowered the price target for PayPal from $66 to $58 while maintaining a Sell rating, anticipating solid Q4 earnings but cautioning about challenging year-over-year comparisons that may limit volume-related performance [2]. Group 2: Market Position and Future Outlook - PayPal operates a technology platform facilitating digital payments for merchants and consumers globally, leveraging a two-sided network that connects these two groups at scale [3]. - Despite long-term optimism for the FinTech sector through 2026, there are concerns that some management teams may provide conservative guidance for 2026 to reset market expectations [3].