PayPal Stock Falls on Downgrade. There’s Question Marks Around Growth. | Barron's

Gunnar Larson g at
Wed Feb 14 00:41:00 PST 2024

PayPal Holdings stock dropped Tuesday, one day after it lost a bull who
cited concerns over the payments company’s growth trajectory.

Daiwa Capital Markets analyst Kazuya Nishimura downgraded shares to the
equivalent of Neutral from Outperform, cut his price target to $62 from $64
and lowered forecasts in a Monday report.

“It is difficult...
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