What's Going On With PayPal Stock?

PayPal Holdings Inc PYPL shares are volatile in Monday's trading session. A pair of analysts adjusted price targets on the stock Monday morning. A Congress member also recently sold PayPal shares. 

What Happened: Mizuho analyst Dan Dolev maintained PayPal with a Buy rating and lowered the price target from $118 to $105.

Barclays analyst Ramsey El-Assal maintained PayPal with an Overweight rating and raised the price target from $100 to $108.

The analyst adjustments come after PayPal president and CEO Dan Schulman spoke at the UBS Global TMT Conference on Friday. 

What Else: The office of Senator Ron Wyden reported a sale of PayPal stock valued between $100,000 and $250,000 on Dec. 11. 

Check This Out: A Congress Member Sold Up To $250K In PayPal Holdings Stock: Here's What You Need To Know

PayPal provides electronic payment solutions to merchants and consumers with a focus on online transactions.

PYPL Price Action: PayPal has a 52-week high of $196.10 and a 52-week low of $67.58.

The stock was down 1.01% at $72.89 at time of publication, according to Benzinga Pro.

Photo: courtesy of PayPal.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading IdeasDan Schulmanwhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!