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PYPL
Benzinga
140 days

PayPal Stock's Death Cross Looms - Will It Trigger A Turnaround?

1. PYPL nears a Death Cross, signaling bearish trends ahead. 2. Analysts remain optimistic with a $96 price target despite recent declines. 3. Technicals show weakness but potential for growth in Venmo services. 4. Appointment of MSFT's Joy Chik emphasizes focus on AI-driven innovation. 5. NFC access from Apple may enhance PayPal's tap-to-pay capabilities.

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FAQ

Why Bearish?

The Death Cross indicates a sustained downtrend, reminiscent of past stock declines.

How important is it?

The combination of technical signals and analyst perspectives creates moderate urgency.

Why Short Term?

Technically driven movements, like the Death Cross, typically impact prices in the near term.

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