Paypal: Jefferies maintains buy rating

(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed his "buy" rating on the Paypal stock.


"We expect to see consistent growth in transaction revs (...). We continue to believe PYPL warrants a premium valuation to peers due to its robust and growing 2-sided network and exposure to e-Comm," the broker says.

Jefferies confirms its target price of 140 dollars for the share, meaning upside of almost 35%.


Copyright (c) 2019 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.