PayPal Holdings Inc(NASDAQ:PYPL) shares were climbing in early trading on Wednesday, despite the company reporting upbeat second-quarter results.
The results came amid an exciting earnings season. Here are some key analyst takeaways.
Goldman Sachs On PayPal Holdings
AnalystWill Nancemaintained a Neutral rating while raising the price target from $68 to $69.
PayPal reported "solid" quarterly results, "with a 7% transaction margin beat vs consensus, even after stripping out more one-off drivers, Nance said in a note. "Additionally, we believe the commentary on the back half of the year was better than expected," he added.
Management expects consistent...
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