Analyst upgrades for PayPal expect outperformance, while Southwest Airlines faces downgrades

From Investing.com: 2024-05-05 03:38:53

and suggests that the worst may be over for the company. Additionally, the Antelope acquisition is expected to bolster fundamentals but may have a dilutive effect on the company’s overall earnings for the fiscal year.

PhillipCapital maintains an Accumulate rating for PayPal, indicating an expectation for shares to outperform the broader market. The current price target of $75 reflects the significant growth potential that the company still possesses despite recent challenges.

How did the stock react? PayPal opened the regular session at $165.62 and closed at $166.03, a decline of 0.37% from the prior day’s regular close.



Read more at Investing.com: Downgrades for Southwest Airlines, PayPal By Investing.com