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PayPal's stock has reached an unglamorous milestone
PayPalPayPal(US:PYPL) Market Watch·2024-01-16 14:44

For the first time, the majority of Wall Street analysts covering PayPal Holdings Inc. shares are feeling skeptical. Mizuho’s Dan Dolev downgraded PayPal’s stock PYPL, -3.44% to neutral from buy Tuesday, bringing the number of analysts with hold-equivalent ratings to 23. Factoring in that one of the 47 analysts covering PayPal’s stock has a sell-equivalent rating, buys no longer constitute the majority of ratings, according to monthly FactSet data. See also: PayPal’s stock starts the new year with sustained ...