PayPal's New Leadership and Strategy Poised to Drive Profitable Growth, Analyst Says
PayPal(PYPL) Benzinga·2024-06-29 01:29
Loading...Loading...RBC Capital analyst Daniel Perlin reiterated PayPal Holdings Inc PYPL with an Outperform and a $84 price target.PayPal has called out fiscal 2024 as a transition year to set the company up for long-term profitable growth, Perlin noted.The combination of fresh leadership, better aligned to drive transaction margin improvement specifically, and management commentary during the quarter gave the analyst incremental conviction of the profitable growth transition.Perlin’s increased conviction ...