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A statement released earlier today by Vetr Inc. about Paypal Holdings Inc (NASDAQ:PYPL) ups the target price to $54.78

Boasting a price of $52.29, Paypal Holdings Inc (NASDAQ:PYPL) traded 0.70% higher on the day. With the last stock price close down 3.84% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. The company has recorded a 50-day moving average of $62.68 and a 200-day moving average of $62.68. 6,743,757 shares of the stock were exchanged, down from an average trading volume of 7,419,830

In a report released on 6/15/2017 Vetr Inc. increased the stock price target of Paypal Holdings Inc (NASDAQ:PYPL) to $54.78 stating a potential upside of 0.05%.

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Paypal Holdings Inc (NASDAQ:PYPL)

Paypal Holdings Inc has a 52 week low of $38.06 and a 52 week high of $65.24 with a P/E ratio of 52.48 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 34 firms have reported on the stock. The consensus target price is $43.68 with 11 firms rating the stock a strong buy, 13 firms rating the stock a buy, 12 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Paypal Holdings Inc (NASDAQ:PYPL)

PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. It allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom.

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