Canaccord Genuity analyst Michael Graham maintained a Hold rating on Paypal Holdings (NASDAQ: PYPL) on October 19 and set a price target of $88. The company’s shares closed yesterday at $85.43.
According to TipRanks.com, Graham is a top 100 analyst with an average return of 17.5% and a 59.6% success rate. Graham covers the Technology sector, focusing on stocks such as Alphabet Inc, Facebook, and Twitter.
Paypal Holdings has an analyst consensus of Strong Buy, with a price target consensus of $100, implying a 17.1% upside from current levels. In a report issued on October 10, Piper Jaffray also maintained a Hold rating on the stock with a $96 price target.
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Based on Paypal Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.68 billion and net profit of $436 million. In comparison, last year the company earned revenue of $3.23 billion and had a net profit of $380 million.
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