In a report issued on July 11, James Friedman from Susquehanna reiterated a Buy rating on Paypal Holdings (NASDAQ: PYPL), with a price target of $105. The company’s shares closed yesterday at $87.99, close to its 52-week high of $89.19.
According to TipRanks.com, Friedman is a 5-star analyst with an average return of 21.4% and a 77.0% success rate. Friedman covers the Technology sector, focusing on stocks such as Alliance Data Systems, Total System Services, and Epam Systems Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $91.28 average price target, a 3.7% upside from current levels. In a report issued on June 26, Merrill Lynch also reiterated a Buy rating on the stock with a $98 price target.
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The company has a one-year high of $89.19 and a one-year low of $57.02. Currently, Paypal Holdings has an average volume of 7.43M.
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