Barclays raised the firm’s price target on PayPal (PYPL) to $110 from $92 and keeps an Overweight rating on the shares. The firm says sector financial technology sentiment “is finally improving” heading into 2025, as valuations appear to be trending back toward average historical levels. As we enter 2025, investors appear to be generally more constructive on fintech names, the analyst tells investors in a research note. Barclays tells investors to “play stocks whose moves are only half finished.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PYPL:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Wolfe upgrades PayPal to Outperform on potential upside to estimates
- PayPal upgraded to Outperform from Peer Perform at Wolfe Research
- Omnicom to acquire Interpublic, China to investigate Nvidia: Morning Buzz
- AMD downgraded, PayPal upgraded: Wall Street’s top analyst calls
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
