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Fly News Breaks for June 21, 2019
PYPL
Jun 21, 2019 | 07:19 EDT
Wedbush analyst Moshe Katri weighed in on the planned departure of PayPal COO Bill Ready, telling investors that the move is "not ideal" given "stature and impressive resume," he thinks the company has a deep executive bench and is "fully capable" of fulfilling his functions. Katri maintains an Outperform rating and $125 price target on PayPal, which remains on the firm's Best Ideas List, and says he would buy the stock on any potential weakness.
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