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PayPal Shares Tank After Q3 Results, Analysts Say Management Is 'Executing Well' On Re-Alignment Initiatives

Benzinga ·  Oct 30 23:01

Shares ofPayPal Holdings Inc(NASDAQ:PYPL)dropped in price on Wednesday after the company reported downbeat third-quarter revenues.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

  • Canaccord Genuity analyst Joseph Vafi maintained a Buy rating, while raising the price target from $80 to $96.
  • Goldman Sachs analyst Will Nance reiterated a Neutral rating, while lifting the price target from $79 to $87.
  • BMO Capital Markets analyst Rufus Hone reaffirmed a Market Perform rating, while raising the price target from $73 to $82.
  • RBC Capital Markets analyst Daniel Perlin maintained an Outperform rating, while raising the price...
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