Wedbush analyst Moshe Katri maintained an Outperform rating and $90 price target on PayPal (PYPL) after the company announced its intent to acquire Sweden-based iZettle, which he says will likely advance PayPal's merchant-facing monetization effort by multiple years, while also helping the company's surging international business. In a research note to investors, Katri said he believes next week's investor day on May 24 will provide additional details on the ongoing eBay (EBAY) separation, as well as its capital allocation plan. Over time, Katri believes that given the recent agreements with Visa (V) and MasterCard (MA), PayPal will be able to scale and expand margins.

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Unusual total active option classes on open include: Wrap Technologies (WRAP), AstraZeneca (AZN), JetBlue (JBLU), United Continental (UAL), Taiwan Semi (TSM), Nokia (NOK), EBay (EBAY), Maplebear Inc (CART), Airbnb (ABNB), and UnitedHealth (UNH).

Baird analyst David Koning raised the firm's price target on MasterCard to $545 from $525 and keeps an Outperform rating on the shares. The firm thinks Q1 revenue/EPS beat mildly and guidance will be mildly raised. They like the stock over the course of 2024 as a steady grinder.

Baird raised the firm's price target on Visa to $320 from $314 and keeps an Outperform rating on the shares. The firm thinks FQ2 revenue/EPS likely both beat mildly; and they like a lot as long-term compounder.