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PayPal: Rewriting The Rules In A Transitional Year
PYPLPayPal(PYPL) seekingalpha.com·2024-05-19 13:00
chameleonseye Investment Thesis Our investment thesis for PayPal Holdings, Inc. (NASDAQ:PYPL) remains robust, maintaining our strong buy rating for the stock from our previous coverage, with a medium-term target price of $90, supported by strategic shifts in the company's product mix that responds to market dynamics and competitive pressures. Technically, PayPal's stock is projected to reach $79 by 2024 end, supported by bullish technical indicators like the Volume Price Trend and Fibonacci retracements ...