Fly News Breaks for January 23, 2020
Jan 23, 2020 | 16:13 EDT
Credit Suisse analyst Timothy Chiodo initiated coverage of PayPal with an Outperform rating and $135 price target.
News For PYPL From the Last 2 Days
Feb 14, 2020 | 14:03 EST
Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of December 31, 2019. The fund's five new buys during the fourth quarter included, by size of position, PayPal (PYPL), Alphabet Class A (GOOGL), Cardlytics (CDLX), XP Inc. Class A (XP), and Bill.com (BILL). Tiger exited 16 positions during the quarter, including by size of previous position Fiat Chrysler (FCAU), MercadoLibre (MELI), Wayfair (W), Switch (SWCH), and Beyond Meat (BYND). The fund increased its stake in 15 holdings, including by size of previous position Uber (UBER), Elastic (ESTC), Pinduoduo (PDD), MongoDB (MDB), and RingCentral (RNG). Tiger reduced its stake in 17 holdings, including by size of previous position Alibaba (BABA), Microsoft (MSFT), Facebook Class A (FB), Salesforce (CRM), and Adobe (ADBE). The fund's top holdings as of December 31, in order of size, were JD.com Class A (JD), Apollo Global (APO), Microsoft, Facebook, and TransDigm (TDG).