PayPal Shifts Focus From Payments to Commerce Amid Growth Strategy- Analysts Urge Caution - PayPal Holdings (NASDAQ:PYPL)
1. PayPal introduced a new merchant product, PayPal Open, enhancing checkout solutions. 2. The company renamed Braintree to PayPal Enterprise Payments as part of rebranding. 3. PayPal forecasts low teens growth in EPS and high single-digit growth in margins by 2027. 4. Analysts had mixed reactions, with some expressing caution due to competition from Apple Pay. 5. The stock rose 25% over the last year but fell 14.5% year-to-date.