PayPal Appears to Have Bottomed, is it Time to Buy?
PayPal(PYPL) MarketBeat·2024-03-22 13:11
Key PointsAfter facing challenges in 2022 and 2023, PayPal's stock has held steady, rising 7.7% year to date and hovering above its 200-day SMA, signaling a potential shift in momentum.PayPal's stock displays an inverted head-and-shoulders pattern, potentially signaling an upward trend, especially if it surpasses the neckline around $68 to $70.Analysts remain divided on PayPal's prospects, with a consensus hold rating and a steadily decreasing price target over previous months.5 stocks we like better than P ...