What's Going On With PayPal Stock?

PayPal Holdings, Inc. PYPL shares are trading higher Thursday. Several analysts provided updated price targets on the stock this week.

What To Know: BTIG analyst Lance Jessurun initiated coverage on PayPal Holdings with a Buy rating and announced a price target of $85 on Wednesday.

Atlantic Equities analyst Kunaal Malde downgraded PayPal Holdings from Overweight to Neutral and announced a $72 price target on Tuesday.

Last Friday, PayPal received 5 different analyst changes:

• Stephens & Co. analyst Charles Nabhan reiterated PayPal Holdings with a Equal-Weight and maintained the $80 price target.
• Wedbush analyst Moshe Katri reiterated PayPal Holdings with a Outperform and maintained the $85 price target.
• Goldman Sachs analyst Michael Ng maintained PayPal Holdings with a Buy and lowered the price target from $103 to $92.
• RBC Capital analyst Daniel Perlin reiterated PayPal Holdings with a Outperform and maintained the $86 price target.
• Deutsche Bank analyst Bryan Keane reiterated PayPal Holdings with a Buy and lowered the price target from $100 to $80.
• Related Link: Why Microsoft Stock Is Up Today

PYPL Price Action: Shares of PYPL were up 3.60% at $65.89 at the time of publication, according to Benzinga Pro.

Image by Kris from Pixabay