the stock to market perform from outperform and cut its price target 10 days before PayPal's next CEO, Alex Chriss, is scheduled to take the helm.
The firm said it's excited about the new leadership, but that Chriss could have a challenging start after a difficult 18 to 24 months. MoffettNathanson sees the potential for further downside to its estimates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These Stocks Are Moving the Most Today: Arm Holdings, Chevron, GM, and Ford.The United Auto Workers strike at three car plants was having a mixed reaction on auto stocks, while chip design company Arm holdings lost some of Friday's...
Source: MarketWatch - 🏆 3. / 97 Read more »
PayPal and Dropbox stocks fall after downgrades, GM shares inch higher, and more stocks on the moveHere are some of the most notable stock movers ahead of Monday's Wall Street open.
Source: MarketWatch - 🏆 3. / 97 Read more »
Exploring PayPal's Foray into Cryptocurrency: A Game-Changer in Digital FinanceA closer look at PayPal's foray into the cryptocurrency market: from the very beginning.
Source: Crypto_Potato - 🏆 568. / 51 Read more »