PayPal – Downgrading To Hold: Current Macro Dynamics Won’t Favor The Stock (NASDAQ:PYPL)

Sleeping audience at a boring business seminar


We’re downgrading PayPal Holdings, Inc. (NASDAQ:PYPL) to a hold this quarter; while we think macro weakness has been priced into the stock for the most part, we don’t see PayPal outperforming in the near-term due to current macro

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