82.90 -0.04 (-0.05%)
After hours: 7:55PM EST
|Bid||82.78 x 900|
|Ask||83.30 x 400|
|Day's Range||81.61 - 83.44|
|52 Week Range||39.02 - 83.44|
|PE Ratio (TTM)||64.80|
|Earnings Date||Jan 31, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||83.16|
PayPal will gain from a strengthening U.S. economy, says one analyst who hiked his price target on the company.
While PayPal (PYPL) has talked about its customer acquisition rate gaining momentum after it decided to partner with card companies Visa (V) and MasterCard (MA), this boost may just be a beneficial side effect of the partnerships. PayPal went into partnership with Visa and MasterCard with specific goals in mind, namely to enable customers to pay any way they want. At the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal CFO (chief financial officer) John Rainey said, “What the network agreements did for us, though, was fundamentally, they’re all about providing our customers choice to allow them the way they – to transact however they want,” adding that “if they want to use a Visa card or a MasterCard or a particular issuer card, they can do that.
Shares of PayPal Holdings Inc. were little changed in premarket trading Wednesday after Jefferies analyst Ramsey El-Assal raised his price target on the stock to $95, a new Street high. He's upbeat about ...
PayPal’s (PYPL) sale of its ~$6.0 billion consumer loan portfolio to Synchrony Financial (SYF) doesn’t mean that it is exiting the credit business. PayPal made it clear in its announcement that although Synchrony was purchasing its US (SPY) consumer loan business, it expects to remain in the credit business through its international operations.
In 2016, PayPal (PYPL) showed a shift in strategy when it decided to partner with MasterCard (MA) and Visa (V) rather than continuing to compete with them. Commenting on the deals a few months later at the WSJDLive conference in Laguna Beach, California, PayPal CEO Dan Schulman stated that “we think we can be great allies…to advance the cause of digital payments,” according to The Wall Street Journal. A year after the card network deals, at the Credit Suisse 21st Annual Technology, Media & Telecom Conference, PayPal chief financial officer John Rainey said that the company had a lot to show for its partnerships with MasterCard and Visa.
PayPal’s (PYPL) chief financial officer, John Rainey, mentioned partnering with Amazon (AMZN) when he spoke at a recent Credit Suisse technology event. In 2017, PayPal’s CEO, Dan Schulman, noted that the company had been talking with Amazon with respect to a payments partnership.
NEW YORK, NY / ACCESSWIRE / January 17, 2018 / The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of PayPal Holdings, Inc. (NASDAQ: PYPL) who purchased ...
Pomerantz LLP announces that a class action lawsuit has been filed against PayPal Holdings, Inc. and certain of its officers. The class action, filed in United States District Court, for the Northern District of California, and docketed under 17-cv-06956, is on behalf of a class consisting of investors who purchased or otherwise acquired common shares of PayPal between February 14, 2017 and December ...
PayPal Holdings Inc. remains a leader in online acceptance, according to a new report from Morgan Stanley. Shares are up 1.9% to a record high in Wednesday trading. The payments giant retained its strong ...
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest bank earnings from Morgan Stanley and Bank of New York Mellon.