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Fly News Breaks for March 31, 2016
AAPL, GOOGL, GOOG, PYPL
Mar 31, 2016 | 06:22 EDT
Despite recent commentary from industry participants, there is a low probability of PayPal (PYPL) being acquired, Piper Jaffray analyst Gene Munster tells investors in a research note. He views recent commentary indicating a card network or Google (GOOG, GOOGL) could buy PayPal as "unsubstantiated and wishful." Writing a $55B-$60B check to buy PayPal would be a "high-risk endeavor" and a "significant change in strategy" for potential acquirers, the analyst contends. Munster believes his concerns over competition were validated last week when Re/code reported that Apple (AAPL) is planning on expanding Apple Pay into the mobile browser before the upcoming holiday season. He continues to view shares of PayPal as overvalued and reiterates an Underweight rating on the name with a $33 price target. The digital and mobile payments platform closed yesterday down 49c to $39.04.
News For PYPL;GOOG;GOOGL;AAPL From the Last 2 Days
AAPL
Mar 28, 2024 | 12:20 EDT
Technology Analyst Kulkarni, along with Grand Simmons, VP of Kochava, a leading mobile measurement firm, discuss how Apple's SKAdNetwork (SKAN) evolved over the past three years on an Analyst/Industry conference call to be held on March 28 at 1 pm. Webcast Link
AAPL
Mar 27, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL, GOOGL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
AAPL
Mar 27, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here