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PAYPAL HOLDINGS INC

  • Susan Bolan
  • Jan 13, 2022
  • 1 min read

PAYPAL HOLDINGS INC(NASDAQ:PYPL) was featured Wednesday on CNBC's "The Exchange" following a bearish analyst call from Jefferies.


WHAT HAPPENED:

Jefferies analyst TREVOR WILLIAMS downgraded PayPal from a Buy rating to a Hold and lowered the price target from $255 to $200. Williams sees e-commerce trends worsening, decreasing transaction sizes and growing competition for PayPal.

The Jefferies analyst noted that there isn't anything wrong with the company, however, he thinks the stock's multiple is unlikely to expand.


Related Link: Where PayPal Holdings Stands With Analysts

 
 
 

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