Accueil > Actualité
Actualite financiere : Actualite bourse

Paypal: Oddo reduces target price

(CercleFinance.com) - Oddo BHF maintains its "outperform" rating on PayPal, although has cut its corresponding target price from 380 dollars to 340 dollars, following the payment solutions group's quarterly publication, when the group reduced its guidance for 2021.


However, the broker points out that management considers its expectations for Q4 and 2022 to be "conservative" and it deems the publication of an in-line Q3 to be "reassuring", while many e-commerce players have disappointed.

Oddo also points to the very positive items in this publication; particularly the Venmo/Amazon partnership, and considers that the the share price's fall since its peak in July (-26%) seems exaggerated and offers an attractive entry opportunity for investor regarding its valuation.


Copyright (c) 2021 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.