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PYPL

PayPal

$99.31

-2.29 (-2.25%)

08:55
10/09/19
10/09
08:55
10/09/19
08:55

BTIG lowers Q3 EPS view for PayPal after projected investment losses

BTIG analyst Mark Palmer lowers his Q3 EPS view on Paypal to 54c from 69c after the company disclosed an expected 15c impact in the quarter from unrealized losses in its strategic investment portfolio. The analyst is keeping his Buy rating and $130 price target on the stock however, citing the company's "differentiated assets" and "trusted brand" sustaining its leading position in digital payments.

  • 23

    Oct

  • 29

    Oct

PYPL PayPal
$99.31

-2.29 (-2.25%)

09/13/19
RHCO
09/13/19
NO CHANGE
Target $325
RHCO
Buy
MasterCard price target raised to $325 from $310 at SunTrust
SunTrust analyst Andrew Jeffrey raised his price target on MasterCard (MA) to $325 and kept his Buy rating, saying he expects the company to maintain its 10% or more EBITDA premium relative to Visa (V) and PayPal (PYPL). The analyst believes that MasterCard has a more durable organic revenue growth and offers a "differentiated competitive strategy" with its Real-Time Payments, adding that its monetization can be bolstered further by B2B products, cross-border payments, bill payments, point-of-sale technology, and other initiatives.
09/13/19
BOFA
09/13/19
NO CHANGE
Target $127
BOFA
Buy
PayPal FY20 consensus revenue estimates likely too high, says BofA/Merrill
BofA Merrill Lynch analyst Jason Kupferberg noted that the sell-side consensus is modeling PayPal revenue growth of 18.2% for FY20, though he believes this is too high. Based on his analysis, Kupferberg lowered his top-line growth estimate for FY20 to 16.1% from 17.5% and also lowered his FY20 adjusted EPS estimate by 5c to $3.48. He thinks PayPal will provide preliminary guidance for 2020 on its Q3 call and remains bullish on shares, but acknowledges the near-term could be "choppy" ahead of initial 2020 guidance. Even if initial 2020 guidance ends up being modestly below consensus, most buy-side expectations may be lower than sell-side, added Kupferberg, who trimmed his price target on PayPal shares to $127 from $131 and keeps a Buy rating on the stock.
09/24/19
UBSW
09/24/19
NO CHANGE
Target $120
UBSW
Neutral
PayPal leads among P2P providers, app share remains stable, says UBS
UBS analyst Eric Wasserstrom is keeping his Neutral rating and $120 price target on PayPal as part of his broader research note into U.S. Payment Networks. The analyst states that his most recent UBS Evidence Lab Mobile Banking App Download data suggests that mobile payment apps continue to gain market share relative to the traditional banking apps, and within that category, remittance apps continue to lose share vs. P2P apps like Venmo. Wasserstrom adds that PayPal - while challenged by newer entrants like Square Cash - is still maintaining its leading position in P2P. The analyst maintains however that Venmo's contribution to PayPal's revenue and earnings is already reflected in the stock's premium multiple relative to its historical levels.
10/01/19
ADAM
10/01/19
NO CHANGE
Target $118
ADAM
Buy
PayPal payment processor deal beats card networks to China, says Canaccord
Canaccord analyst Joseph Vafi said Paypal's (PYPL) disclosure of its controlling stake in Chinese payment player GoPay has material strategic implications longer term. The analyst notes the deal allowed PayPal to beat both Visa (V) and Mastercard (MA) into the Chinese market and could be a conduit to drive meaningful cross-border payments volume allowing it to continue to sustain mid 20% payment volume for the next several years. Vafi reiterated his Buy rating and $118 price target on PayPal shares.

TODAY'S FREE FLY STORIES

KTB

Kontoor Brands

$39.20

0.9 (2.35%)

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  • 22

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TACO

Del Taco

$9.61

0.21 (2.23%)

16:07
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CDNS

Cadence Design

$66.57

0.97 (1.48%)

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SFBS

ServisFirst

$33.95

0.46 (1.37%)

16:06
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ServisFirst boosts quarterly cash dividend by 17% »

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CDNS

Cadence Design

$66.53

0.93 (1.42%)

16:06
10/21/19
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Earnings
Cadence Design reports Q3 EPS 54c, consensus 51c »

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CFB

CrossFirst Bancshares

$12.53

0.19 (1.54%)

16:06
10/21/19
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Earnings
CrossFirst Bancshares reports Q3 EPS 21c, consensus 19c »

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  • 21

    Oct

TACO

Del Taco

$9.61

0.21 (2.23%)

16:06
10/21/19
10/21
16:06
10/21/19
16:06
Earnings
Del Taco reports Q3 adjusted EPS 10c, consensus 14c »

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  • 21

    Oct

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    Nov

ERJ

Embraer

$17.18

0.155 (0.91%)

16:05
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Embraer signs $1.4B business jet deal with Flexjet »

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  • 12

    Nov

PBYI

Puma Biotechnology

$6.94

0.45 (6.93%)

, SGEN

Seattle Genetics

$101.06

13.64 (15.60%)

16:05
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16:05
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Puma Biotechnology

$6.94

0.45 (6.93%)

SGEN

Seattle Genetics

$101.06

13.64 (15.60%)

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  • 29

    Oct

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    Dec

ABBV

AbbVie

$77.41

0.94 (1.23%)

, ACRS

Aclaris Therapeutics

$1.43

-0.175 (-10.90%)

16:05
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Conference/Events
Cantor specialty pharma analyst to hold analyst/industry conference call »

Specialty Pharmaceuticals…

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AbbVie

$77.41

0.94 (1.23%)

ACRS

Aclaris Therapeutics

$1.43

-0.175 (-10.90%)

AMGN

Amgen

$202.83

0.2 (0.10%)

ANAB

AnaptysBio

$36.68

-0.37 (-1.00%)

AZN

AstraZeneca

$43.74

-0.12 (-0.27%)

DERM

Dermira

$7.36

0.19 (2.65%)

INCY

Incyte

$78.50

0.73 (0.94%)

LLY

Eli Lilly

$108.06

-0.62 (-0.57%)

MPSYY

MorphoSys

$0.00

(0.00%)

NVS

Novartis

$86.37

-0.485 (-0.56%)

PFE

Pfizer

$36.47

0.01 (0.03%)

REGN

Regeneron

$298.44

-1.65 (-0.55%)

VNDA

Vanda Pharmaceuticals

$13.59

0.015 (0.11%)

XBIT

XBiotech

$9.78

0.35 (3.71%)

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    Oct

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    Nov

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  • 07

    Dec

MFSF

MutualFirst Financial

$31.02

(0.00%)

16:05
10/21/19
10/21
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Hot Stocks
MutualFirst reports tangible book value $23.15 as of September 30 »

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AMTD

TD Ameritrade

$37.81

1.02 (2.77%)

16:04
10/21/19
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Hot Stocks
TD Ameritrade reports Q4 net new client assets $93B, up 7% from last year »

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  • 22

    Oct

MFSF

MutualFirst Financial

$31.02

(0.00%)

16:03
10/21/19
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Earnings
MutualFirst Financial reports Q3 EPS 71c, consensus 66c »

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SFBS

ServisFirst

$33.97

0.48 (1.43%)

16:03
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Earnings
ServisFirst reports Q3 EPS 69c, consensus 65c »

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  • 21

    Oct

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CLBK

Columbia Financial

$16.40

0.3 (1.86%)

16:02
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AMTD

TD Ameritrade

$37.81

1.02 (2.77%)

16:02
10/21/19
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16:02
Earnings
TD Ameritrade reports Q4 EPS $1.05, consensus 98c »

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  • 22

    Oct

VRTX

Vertex

$183.73

7.49 (4.25%)

15:58
10/21/19
10/21
15:58
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15:58
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Vertex announces FDA approval of Trikafta for treatment of cystic fibrosis »

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  • 19

    Mar

WE

We Company

$0.00

(0.00%)

, SFTBF

SoftBank

$0.00

(0.00%)

15:42
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15:42
Periodicals
SoftBank near deal to take control of WeWork, CNBC reports »

Softbank (SFTBF) is near…

WE

We Company

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

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FTR

Frontier Communications

$1.02

0.01 (1.00%)

15:38
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Frontier reports tentative agreement with CWA in Connecticut »

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  • 05

    Nov

LOGI

Logitech

$40.77

0.71 (1.77%)

15:34
10/21/19
10/21
15:34
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15:34
Options
Logitech options imply 8.8% move in share price post-earnings »

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  • 22

    Oct

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PCG

PG&E

$8.07

0.3 (3.86%)

15:20
10/21/19
10/21
15:20
10/21/19
15:20
Periodicals
San Jose would like to see PG&E become electric and gas cooperative, WSJ says »

San Jose is proposing to…

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  • 10

    Nov

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  • 12

    Nov

  • 07

    Jan

ZION

Zions Bancorp

$45.51

0.79 (1.77%)

15:19
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Options
Zions Bancorp options imply 4.0% move in share price post-earnings »

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  • 21

    Oct

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
10/21/19
10/21
15:17
10/21/19
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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PCG

PG&E

$8.06

0.29 (3.73%)

15:16
10/21/19
10/21
15:16
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15:16
Periodicals
San Jose proposes PG&E be customer-owned, likely to face opposition, WSJ says »

San Jose, the largest…

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  • 10

    Nov

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    Nov

  • 12

    Nov

  • 07

    Jan

$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
10/21/19
10/21
15:16
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15:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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