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Vetr Issues Paypal A Strong Buy Upgrade

Chris Dier-Scalise

The Vetr crowd on Tuesday upgraded their rating for Paypal Holdings Inc (NASDAQ: PYPL), from 4 stars (Buy), issued four days ago, to 5 stars (Strong Buy). At the time of the upgrade, crowd sentiment for Paypal was mostly positive, with 89 percent of Vetr user ratings bullish.

Paypal's stock has bounced back following a selloff shortly after the company released its Q4 earnings late in January.

After bottoming out on February 3, Paypal made gains of nearly 10 percent to a four-month high of $43+ late in the month. Share price has dropped since then, and Paypal closed today at $42.10.

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Currently, the Vetr crowd's average target price for Paypal is up at $51.67, which is above the average analyst target price of $45.64. Less than 2 percent of Vetr users are holding PYPL in their watch lists.

Latest Ratings for PYPL

Date Firm Action From To
Jan 2017 Loop Capital Initiates Coverage On Hold
Jan 2017 BMO Capital Initiates Coverage On Outperform
Jan 2017 Guggenheim Initiates Coverage On Buy

View More Analyst Ratings for PYPL
View the Latest Analyst Ratings

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