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Fly News Breaks for July 22, 2016
V, PYPL
Jul 22, 2016 | 09:50 EDT
Stephens analyst Brett Huff remains a buyer of PayPal (PYPL) saying the positives of Q2 outweighed the negatives. The analyst points out the revenue beat, raised 2016 guidance, the boost the Visa (V) deal will give in-store payments initiative and the increased long-term revenue opportunity via higher engagement from payment choice from the Visa deal, as some of those positives. He reiterates an Overweight rating and $45 price target on PayPal's shares.
News For PYPL;V From the Last 2 Days
