PayPal stock price target raised, positive rating on strong transaction growth By Investing.com
On Wednesday, Susquehanna maintained a Positive rating on PayPal (NASDAQ: PYPL) shares and increased the price target to $94.00 from the previous $83.00. The firm acknowledged PayPal’s consistent ability to grow its transaction margin dollars, which saw an 8% increase this quarter. This performance is consistent with the previous quarter and represents an improvement over the first quarter and the last fiscal year.
PayPal’s new management has been credited with delivering steady growth in transaction margin dollars. This growth has been a key performance indicator for the company, especially in the face of concerns that slowing revenue growth could potentially pressure earnings per share (EPS) for 2025.
Despite these concerns, the…