Paypal Holdings Inc (PYPL) was Reiterated by Sun Trust Rbsn Humphrey to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 44 from a previous price target of $38 . Sun Trust Rbsn Humphrey advised their investors in a research report released on Apr 13, 2016.
Many Wall Street Analysts have commented on Paypal Holdings Inc. Paypal Holdings Inc was Initiated by Bernstein to “Mkt Perform” on Mar 30, 2016. Atlantic Equities Initiated Paypal Holdings Inc on Mar 29, 2016 to “Neutral”, Price Target of the shares are set at $43.Sterne Agee CRT Initiated Paypal Holdings Inc on Mar 24, 2016 to “Neutral”, Price Target of the shares are set at $46.
Paypal Holdings Inc closed down -0.35 points or -0.91% at $38.06 with 54,28,928 shares getting traded on Monday. Post opening the session at $38.33, the shares hit an intraday low of $38.03 and an intraday high of $38.82 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Feb 3, 2016, David M Moffett (director) sold 15,971 shares at $36.08 per share price. According to the SEC, on Nov 23, 2015, John J Donahoe (director) sold 53,390 shares at $36.25 per share price. On Nov 12, 2015, James Barrese (SVP, Payment Services & CTO) sold 25,695 shares at $37.15 per share price, according to the Form-4 filing with the securities and exchange commission.
PayPal Holdings Inc. (PayPal) is a technology platform company which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers merchants friends and family to access and move their money through its platform using various devices such as mobile tablets personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites mobile devices and applications and at offline retail locations through a range of payment solutions across its Payments Platform including PayPal PayPal Credit Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to fund a purchase using a bank account a PayPal account balance a PayPal Credit account a credit or debit card or other stored value products such as coupons and gift cards.