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Goldman Sachs Raises PayPal (PYPL) Price Target

Goldman Sachs Raises PayPal (PYPL) Price Target

PayPal Holdings, Inc. (NASDAQ:PYPL) is one of the 10 Most Promising Fintech Stocks to Buy Now. On July 9, Goldman Sachs raised its price target on PayPal Holdings, Inc. (NASDAQ:PYPL) from $41 to $48 and maintained its Sell rating on the stock.

In a research note, the firm said that the payments sector is relatively well positioned ahead of Q2 earnings, supported by stronger business fundamentals despite the weak performance year-to-date.

Goldman Sachs Raises PayPal (PYPL) Price Target
Goldman Sachs Raises PayPal (PYPL) Price Target

Image by mohamed Hassan from Pixabay 

A day earlier, on July 8, Barclays analyst Nik Cremo initiated coverage of PayPal Holdings, Inc. (NASDAQ:PYPL), giving the stock an Underweight rating and setting the price…

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