PayPal Holdings, Inc. (NASDAQ: PYPL) is under scrutiny after Morgan Stanley downgraded the stock to Underweight and slashed the price target to $51 from $74. Other banks like Deutsche Bank and UBS have also lowered their price targets due to concerns over sluggish checkout integrations affecting margins.

Jim Cramer called the Morgan Stanley coverage on PayPal “devastating” and predicted the stock could go much lower. Despite the potential of PYPL as an investment, some believe that other AI stocks offer greater promise for higher returns with limited downside risk.

For more insights on AI stocks and potential investments, check out our free report on the best short-term AI stock. Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: PayPal (PYPL)’s “Going Lower, Maybe Much Lower,” Says Jim Cramer