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Fly News Breaks for July 22, 2016
V, PYPL
Jul 22, 2016 | 06:44 EDT
Wells Fargo analyst Timothy Willi downgraded PayPal (PYPL) to Market Perform saying the new partnership with Visa (V) "may result in some interim pressure on funding costs and operating margins." Upside earnings revisions and expanding valuations are now less likely, Willi tells investors in a research note. He keeps a $43-$45 price target range for the shares.
News For PYPL;V From the Last 2 Days
PYPL
Apr 18, 2024 | 06:49 EDT
V
Apr 17, 2024 | 07:03 EDT
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.
