Freedom Broker Cuts PayPal to Hold as Branded Checkout Stalls
Photo: TokenPost
Freedom Broker moved its rating on PayPal to Hold from Buy after branded checkout stalled in the third quarter. The broker lowered its price target to $63 from $72. PayPal beat estimates for third-quarter earnings per share and raised its guidance. Shares were down 0.15% at $58.69 in Tuesday afternoon trading on Nov. 3 (ET). Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
