PayPal Stock's Path to $90: Can New CEO's Bold Moves Deliver 52% Gains?
PayPal(PYPL) Investor Place·2024-06-27 18:00
InvestorPlace contributor David Moadel predicted in early June that PayPal (NASDAQ:PYPL) stock, because of a combination of factors, should hit $90 in the next 12 months. I said in late March that it was time to buy PayPal stock given it was up 34% from its five-year low in October 2023. However, since then, it’s lost about 10% of its value. It just doesn’t seem to be able to get any momentum going, which makes getting to $90, a 52% gain from current prices, a herculean task. My colleague leans on the compa ...