Significant movements have occured in
PayPal Holdings Inc.’s (PYPL) stock, supported by multiple investors increasing and decreasing their positions.
QSM Asset Management Ltd and
Oppenheimer Asset Management Inc expanded their stakes while
Perpetual Ltd and
Envestnet Portfolio Solutions Inc. reduced their positions.
RBC Capital continues to view PYPL positively, maintaining their buy rating, while analysts have a price target at $83.42. Amid these movements, Paypal has deepened its foray into
blockchain via integrating with
Stellar Blockchain to solidify its stablecoin. In an effort to boost user convenience, Paypal launched a
physical card and developed a partnership with
Taco Bell to improve the digital payment experience. Despite seeing a surge in fintech competition, expert
Jim Cramer praised PayPal and CEO
Alex Chriss for returning the company to rapid growth. Paypal has also partnered with
Fiserv to improve cross-border stablecoin payments, an innovation that could further deepen its impression within the fintech sector.
Paypal Holdings PYPL News Analytics from Wed, 08 Jan 2025 08:00:00 GMT to Sat, 28 Jun 2025 10:00:49 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -5