PayPal's shares increased 2.3% after Monness Crespi & Hardt raised its price target to $110.

PayPal's shares rose 2.3% after Monness Crespi & Hardt upgraded its price target from $95 to $110, maintaining a "buy" rating. The company reported an EPS of $1.19 for the last quarter, surpassing estimates of $0.99, and is set to release Q3 results on October 29, with a projected EPS of $1.07. Analysts have varied ratings on PayPal, reflecting mixed market sentiments. The company facilitates digital payments globally, with a market cap of $85.41 billion.

October 28, 2024
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