Stephens Believes Paypal Holdings (PYPL) Won’t Stop Here


In a report issued on July 12, Brett Huff from Stephens reiterated a Buy rating on Paypal Holdings (NASDAQ: PYPL), with a price target of $91. The company’s shares closed yesterday at $87.99, close to its 52-week high of $89.19.

According to TipRanks.com, Huff is a top 100 analyst with an average return of 34.8% and a 96.2% success rate. Huff covers the Technology sector, focusing on stocks such as Bottomline Technologies, Jack Henry & Associates, and Total System Services.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $91.33 average price target, implying a 3.8% upside from current levels. In a report issued on July 10, Jefferies also initiated coverage with 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 7.47M.

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