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Paypal Holdings upgraded to 'Buy' at Stifel Nicolaus

By Religare

Paypal Holdings was upgraded to "Buy" from "Hold" rating by the equities research analysts at Stifel Nicolaus. The firm has a USD 40 price target on the stock.

Stifel Nicolaus' price objective suggests a potential upside of 4.19 per cent from the company's current price.

Stifel believes that the technology platform company can outperform in the coming quarters, highlighting its One Touch feature and attractive valuation as the positive catalysts.


Meanwhile, shares of the company closed at USD 34.25, up 4.04 per cent on Nasdaq.

Story first published: Tuesday, September 22, 2015, 23:00 [IST]
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