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Vetr Issues Paypal A Strong Buy Upgrade

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The Vetr crowd on Tuesday upgraded their rating for Paypal Holdings Inc (NASDAQ: PYPL), from 4 stars (Buy), issued four days ago, to 5 stars (Strong Buy). At the time of the upgrade, crowd sentiment for Paypal was mostly positive, with 89 percent of Vetr user ratings bullish.

Paypal's stock has bounced back following a selloff shortly after the company released its Q4 earnings late in January.

After bottoming out on February 3, Paypal made gains of nearly 10 percent to a four-month high of $43+ late in the month. Share price has dropped since then, and Paypal closed today at $42.10.

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Currently, the Vetr crowd's average target price for Paypal is up at $51.67, which is above the average analyst target price of $45.64. Less than 2 percent of Vetr users are holding PYPL in their watch lists.

Latest Ratings for PYPL

DateFirmActionFromTo
Jan 2017Loop CapitalInitiates Coverage OnHold
Jan 2017BMO CapitalInitiates Coverage OnOutperform
Jan 2017GuggenheimInitiates Coverage OnBuy

View More Analyst Ratings for PYPL
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings

 

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