PayPal has evolved, providing various financial services such as peer-to-peer transfers, e-commerce payments, Buy Now, Pay Later (BNPL) options, and cryptocurrency trading. While the company has had a slow start this year, both the business and the stock are finally showing signs of recovery. Nonetheless, PYPL is still cheap, making it a good growth stock to include in your portfolio now. What Does Wall Street Say About PayPal Stock? Overall, Wall Street rates PayPal stock as a "moderate buy.” Out of 42 analysts in coverage, 16 rate it a “strong buy,” two recommend a “moderate buy,” 23 rate it a “hold,” while one suggests it’s a “strong sell.”PayPal stock has surpassed its mean target price of $79.18.
Source: New York Times October 08, 2024 04:18 UTC