Merrill Lynch analyst Jason Kupferberg reiterated a Buy rating on Paypal Holdings (PYPL) today and set a price target of $131. The company’s shares closed yesterday at $114.50, close to its 52-week high of $117.45.
According to TipRanks.com, Kupferberg is a top 100 analyst with an average return of 16.5% and a 72.4% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Fidelity National Info, Square Inc, and Accenture.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $119.52 average price target.
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The company has a one-year high of $117.45 and a one-year low of $74.66. Currently, Paypal Holdings has an average volume of 6.2M.
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