Information Provided By:
Fly News Breaks for July 16, 2019
PYPL
Jul 16, 2019 | 06:21 EDT
Deutsche Bank analyst Bryan Keane raised his price target for PayPal to $127 from $120 saying commerce platform expansion is positive for sustaining the company's growth. The analyst keeps a Buy rating on the shares. He also increased his Q2 earnings per share estimate to 82c from 69c to account for the benefit from unrealized gains in minority investments.