Market Overview

Paypal Continues Rally With Vetr Upgrade

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Paypal Holdings Inc. (NASDAQ: PYPL) shares have traded up over $10 over the last three months, and the Vetr community has upgraded the stock from 3 to 3.5 stars.

Most of the company’s growth came after a positive first quarter earnings report in April that saw a 7.32 percent beat on the EPS estimate and a 1.19 percent beat on the revenue estimate.

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Vetr members have given Paypal a Hold rating and $54.78 price target. This price target is higher than the $45.58 price target from Wall Street analysts. The company opened Wednesday around $53.

Pacific Crest on Wednesday upgraded Paypal from Overweight to Sector Weight.

Of all Vetr raters. 67 percent believe traders and investors should sell Paypal stock.

For Vetr’s full analysis of Paypal, go here.

 

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Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

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