Why Are They Pounding the Table for PayPal Stock Heading Into 2024? | InvestorPlace

[Gunnar Larson]

https://investorplace.com/2023/12/why-are-they-pounding-the-table-for-paypal-stock-heading-into-2024/


Analysts are pounding the table for Paypal (PYPL).

They like its balance sheet, its new management team, and its strategy.
But the Cloud Czars are coming.

PYPL stock - Why Are They Pounding the Table for PayPal Stock Heading Into
2024?
There seem to be more analysts pounding the table for PayPal (NASDAQ:PYPL)
stock today than ever before.

The stock is pretty beaten down. PYPL stock is down 9% over the last year,
67% since the start of 2022, 25% over the last five years. There has been a
small December rally, but the long-term chart still looks bearish. So,
what’s behind the earnest pumping of PayPal stock?
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