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Stifel announced PayPal (NASDAQ:PYPL), bumping up its stock price target to $51.00 today

Having a price of $51.05, PayPal (NASDAQ:PYPL) traded 5.53% higher on the day. With the last close down 9.27% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. PayPal has recorded a 50-day average of $64.95 and a two hundred day average of $64.95. Volume of trade was up over the average, with 34,282,802 shares of PYPL changing hands over the typical 8,684,140

In a statement issued on Thursday May 25, 2017 Stifel upped the price target of PayPal (NASDAQ:PYPL) to $51.00 stating a potential downside of 0.00%.

On 5/17/2017, Vetr Inc. released a statement on PayPal (NASDAQ:PYPL) upped the target price from $0.00 to $51.23 that suggested an upside of 0.04%.

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PayPal has a 52 week low of $38.06 and a 52 week high of $71.73 with a P/E ratio of 57.23 The company’s market cap is currently $0.

Also covering PayPal's price target, a total of 34 analysts have released a report on PayPal. The 12-month price target is $43.68 with eleven analysts rating the company a strong buy, thirteen analysts rating the company a buy, twelve analysts rating the company a hold, three analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About PayPal (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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