SunTrust Robinson Humphrey's Robert Peck early Thursday said he likes eBay's EBAY move to buy Braintree for $800 million.
Peck highlighted several positives:
Market News and Data brought to you by Benzinga APIs- "the robust set of APIs accelerates the technology development for PayPal,
- PayPal gets more into the Services side of mobile apps with a strong set of prominent emerging companies (Uber, Airbnb, etc), and
- the Venmo assets add 1-click tokenization that accelerates mobile adoption."
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