Wells Fargo Keeps a Buy Rating on Paypal Holdings (PYPL)

Wells Fargo analyst Timothy Willi maintained a Buy rating on Paypal Holdings (PYPLResearch Report) on July 28. The company’s shares closed last Friday at $275.53.

According to TipRanks.com, Willi is a 5-star analyst with an average return of 26.2% and a 74.8% success rate. Willi covers the Technology sector, focusing on stocks such as DXC Technology Company, Epam Systems, and Cardlytics.

Paypal Holdings has an analyst consensus of Strong Buy, with a price target consensus of $331.92, implying a 18.4% upside from current levels. In a report issued on July 14, Susquehanna also maintained a Buy rating on the stock with a $360.00 price target.

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Based on Paypal Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.03 billion and net profit of $1.1 billion. In comparison, last year the company earned revenue of $4.62 billion and had a net profit of $84 million.

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PayPal Holdings, Inc. is a digital payments platform that enables its customers to send and receive payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle and Hyperwallet products. The company was founded in December 1998 and is headquartered in San Jose, CA.