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PYPL

PayPal

$119.64

1.24 (1.05%)

08:23
07/11/19
07/11
08:23
07/11/19
08:23

PayPal's low end of guidance 'highly achievable', says RBC Capital

RBC Capital analyst Daniel Perlin kept his Outperform rating and $120 price target on PayPal, saying the company's Q2 and FY19 revenue guidance implies organic acceleration of 1%-4% in the second half of 2019. The analyst contends that while the low end of that range is "highly achievable", the high end could prove "aggressive". Perlin remains positive on PayPal's Venmo monetization, continued new marketplace growth, and increased consumer engagement, but believes that acceleration in organic growth is needed to drive the valuation on its stock higher in the near term.

  • 24

    Jul

PYPL PayPal
$119.64

1.24 (1.05%)

06/21/19
WEDB
06/21/19
NO CHANGE
Target $125
WEDB
Outperform
PayPal COO departure, 'not ideal, but manageable,' says Wedbush
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.
06/21/19
BOFA
06/21/19
NO CHANGE
Target $131
BOFA
Buy
PayPal COO exit 'disappointing,' but 'not devastating,' says BofA/Merrill
BofA Merrill Lynch analyst Jason Kupferberg noted that PayPal announced that COO Bill Ready plans to leave the company at year-end, which he called "disappointing, not devastating." The news was not expected, and Wall Street had a very favorable view of Ready's leadership, so shares may trade modestly lower today, said Kupferberg, but he believes there is ample time to transition his responsibilities and that PayPal has a "deep bench" of executives. The analyst, who said no company he covers is better positioned to capitalize on the trend of payments from offline to online/digital channels, keeps a Buy rating and $131 price target on PayPal shares.
06/21/19
MSCO
06/21/19
NO CHANGE
MSCO
Overweight
PayPal may place less emphasis on Venmo after COO exit, says Morgan Stanley
After PayPal announced last night that COO Bill Ready will be leaving the company at the end of the year, Morgan Stanley analyst James Faucette noted that Ready has been instrumental in the development and growth of Venmo and he believes the company may place slightly less emphasis on building Venmo as a standalone brand following Ready's exit. However, Faucette said he has not placed significant emphasis on Venmo's economics in his valuation for PayPal, as he believes it will drive incremental value by focusing on expanding its core offerings over the likes of Venmo. The analyst, who said he remains optimistic on PayPal, keeps an Overweight rating on the shares.
07/10/19
MSCO
07/10/19
NO CHANGE
MSCO
Morgan Stanley ups PayPal price target, but sees Apple Pay narrowing volume gap
Morgan Stanley's analyst team, led by James Faucette, Katy Huberty, Betsy Graseck and Brian Nowak, introduced a new U.S. digital wallet model with forecasts out to 2027 that anticipates Apple Pay (AAPL) will likely narrow the volume gap with PayPal (PYPL) largely because of their expectation that Apple Pay will sustain its offline growth. However, they expect that PayPal's revenue generation will remain "substantially greater" than Apple Pay's due to the much higher take rates associated with online transactions and think that PayPal's volume lead could persist if the company can successfully address technology and user interface issues for offline. Faucette raised his price target on PayPal shares to $129 from $114 citing a combination of increased confidence in EPS growth and what he sees as the unexploited potential for PayPal to grow offline acceptance. In terms of Square's (SQ) Cash App, the team think it can grow volumes, but given the losses the company seems willing to endure they see little incremental value from it. Morgan Stanley has Overweight ratings on PayPal and Apple and an Equal Weight rating on Square.

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ANIX

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Bruker

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NCNA

NuCana

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CHOOF

Choom Holdings

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(0.00%)

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PNC

PNC Financial

$138.66

-1.52 (-1.08%)

07:01
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PNC

PNC Financial

$138.66

-1.52 (-1.08%)

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JLL

Jones Lang LaSalle

$140.29

0.83 (0.60%)

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USB

U.S. Bancorp

$53.04

-0.07 (-0.13%)

06:58
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  • 17

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KBH

KB Home

$26.74

0.42 (1.60%)

06:58
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BAC

Bank of America

$28.99

-0.23 (-0.79%)

06:58
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CMA

Comerica

$71.75

0.39 (0.55%)

06:58
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Earnings
Comerica reports Q2 EPS $1.94, consensus $2.00 »

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SWX

Southwest Gas

$89.37

-0.235 (-0.26%)

06:57
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BAC

Bank of America

$28.99

-0.23 (-0.79%)

06:56
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SLGN

Silgan Holdings

$30.38

0.17 (0.56%)

06:56
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USB

U.S. Bancorp

$53.04

-0.07 (-0.13%)

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HTHT

Huazhu Group

$34.88

0.23 (0.66%)

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BAC

Bank of America

$28.99

-0.23 (-0.79%)

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ARD

Ardagh Group

$18.37

0.32 (1.77%)

06:54
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07/17
06:54
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06:54
Downgrade
Ardagh Group rating change  »

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  • 25

    Jul

BAC

Bank of America

$28.99

-0.23 (-0.79%)

06:53
07/17/19
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06:53
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  • 17

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USB

U.S. Bancorp

$53.04

-0.07 (-0.13%)

06:53
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  • 17

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BAC

Bank of America

$28.99

-0.23 (-0.79%)

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USB

U.S. Bancorp

$53.04

-0.07 (-0.13%)

06:51
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  • 17

    Jul

BAC

Bank of America

$28.99

-0.23 (-0.79%)

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