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Fly News Breaks for May 18, 2018
PAGS, SQ, PYPL
May 18, 2018 | 08:24 EDT
KeyBanc analyst Josh Beck says PayPal's (PYPL) acquisition of iZettle could elevate the competitive landscape for Square (SQ) and PagSeguro Digital (PAGS). The analyst, however, points to a large total addressable market that could support multiple beneficiaries. For PayPal, he's positive on the potential for omni-channel synergies that he thinks could more than offset the lower profitability of iZettle over time. Beck remains a buyer of PayPal shares.
News For PYPL;SQ;PAGS From the Last 2 Days
SQ
Apr 19, 2024 | 06:56 EDT
Baird raised the firm's price target on Block to $98 from $95 and keeps an Outperform rating on the shares. The firm expects Q1 EBITDA to beat, and guidance to be likely mildly raised. They like the shares into Q1 results and wouldn't be shocked to see them nicely over $100 in a year.
PYPL
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