Truist Cuts PayPal Price Target as Cross-Border Volume Weakness Bites

Truist trimmed its price target on PayPal to $44 from $45 while keeping a Sell rating, signaling continued caution on the stock. The update is modest in magnitude, but it reinforces a bearish analyst stance and may weigh on sentiment around PayPal's near-term outlook.

Analysis

Truist trimmed its price target on PayPal to $44 from $45 while keeping a Sell rating, signaling continued caution on the stock. The update is modest in magnitude, but it reinforces a bearish analyst stance and may weigh on sentiment around PayPal's near-term outlook.