Barclays Downgrades PayPal to Underweight
The downgrade and below-market target are a bearish analyst signal, though they reflect one firm's view rather than a confirmed change in fundamentals.
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The downgrade and below-market target are a bearish analyst signal, though they reflect one firm's view rather than a confirmed change in fundamentals.
What happened, with direct paths to the underlying reporting
Barclays downgraded PayPal to Underweight and set a $53 price target, about 6% below the posted price of $56.55.
Target: $53
Posted price: $56.55
Analyst firm: Barclays
Analyst: Nik Cremo
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