Paypal: Jefferies maintains buy rating
(CercleFinance.com) - On Wednesday an analyst at Jefferies confirmed his "buy" rating on the Paypal stock.
"We expect to see consistent growth in transaction revs (...). We continue to believe PYPL warrants a premium valuation to peers due to its robust and growing 2-sided network and exposure to e-Comm," the broker says.
Jefferies confirms its target price of 140 dollars for the share, meaning upside of almost 35%.
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