PayPal (PYPL) Holdings Inc. Stock Upgraded

by MarketNewsData

Seaport Global upgraded PayPal (PYPL) to Neutral from Sell on July 14, 2025, following a steep 5.7% decline in the stock just days earlier.

📉 What Triggered the Drop?

  • On July 11, PYPL shares fell 5.7%.
  • The sell-off was partly due to reports that JPMorgan is considering charging fintechs — like PayPal — for access to customer financial data, which could add costs and affect operations for companies in the space.

🔁 Why the Upgrade Now?

  • Seaport Global appears to believe downside risks are now priced in, justifying a move from bearish to neutral.
  • No bullish outlook was given, but the shift signals reduced concern after the stock’s recent dip.

💬 While not a vote of confidence, the upgrade reflects a reset in expectations following a tough week for PayPal and other fintech names.

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