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Stifel Nicolaus disclosed Paypal Holdings Inc (NASDAQ:PYPL), boosting its price target to $51.00 earlier today

Yesterday Paypal Holdings Inc (NASDAQ:PYPL) traded 5.53% higher at $51.05. The company’s 50-day moving average is $64.95 and its 200-day moving average is $64.95. The last closing price is down 9.27% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 34,282,802 shares of the stock were exchanged, up from an average trading volume of 8,684,140

Stifel Nicolaus bumped up the target of Paypal Holdings Inc (NASDAQ:PYPL) to $51.00 stating a potential downside of 0.00%.

Previously on 5/17/2017, Vetr Inc. reported on Paypal Holdings Inc (NASDAQ:PYPL) raised the target price from $0.00 to $51.23. At the time, this indicated a possible upside of 0.04%.

See Chart Below

Paypal Holdings Inc (NASDAQ:PYPL)

Paypal Holdings Inc 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.

In addition to Stifel Nicolaus reporting its target price, a total of 34 brokers have issued a report on the stock. The consensus target price is $43.68 with 11 brokers rating the stock a strong buy, 13 brokers rating the stock a buy, 12 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About 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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