Reported about 15 hours ago
UBS has reaffirmed its $75 price target and Neutral rating for PayPal Holdings, Inc. (NASDAQ:PYPL) after the company introduced three new Total Payment Volume (TPV) categories at its Investor Day. These categories aim to better categorize PayPal's operations, highlighting the significant revenue generated by Branded Checkout despite only representing a portion of total volume. While UBS sees potential in PayPal as an investment, it suggests that some AI stocks may offer more promising returns.
Source: YAHOO