PayPal Trading Volume Surges 41% to $13.74 Billion Ranking 120th in Daily Volume
On April 9, 2025, PayPal HoldingsPYPL-- (PYPL) saw a significant surge in trading volume, reaching $13.74 billion, marking a 41.06% increase from the previous day. This substantial rise placed PayPalPYPL-- at the 120th position in terms of trading volume for the day. The stock price of PayPal also experienced a notable increase, rising by 11.39%.
Evercore ISI initiated coverage on PayPal Holdings Inc. with an In Line rating and set a price target of $65.00. The company has scaled “enviable” consumer and merchant assets, which has contributed to its positive market outlook. This rating reflects the firm's confidence in PayPal's strategic positioning and growth potential.
Susquehanna also adjusted its price target for PayPal, lowering it from $101 to $94 while maintaining a Positive rating on the shares. The firm highlighted that PayPal's strong consumer and merchant base continues to drive its performance, despite the adjusted target.
Comentarios
Aún no hay comentarios