PayPal Holdings Inc, a leading global fintech company, provides digital payment solutions with a market cap of $58.7 billion. Despite its strengths, PYPL stock has declined significantly, dropping 33.1% from its 52-week high. The stock has also underperformed the Nasdaq Composite, declining 10.5% over the past three months. However, on Nov. 21, shares of PayPal climbed 4.4% as investor optimism increased around the possibility of a Federal Reserve interest rate cut in December. PayPal has a consensus “Moderate Buy” rating and a mean price target of $80.88, suggesting a 29% upside potential from current levels.
Read more at Barchart: Is PayPal Holdings Stock Underperforming the Nasdaq?
