Why KeyBanc’s Analyst Is Optimistic about PayPal Stock
PayPal Holdings (PYPL) has recently been upgraded by an analyst at KeyBanc Capital Markets for the company’s new Venmo debit card. On September 11, KeyBanc analyst John Beck raised the price target on PayPal stock to $105 from $100. PayPal’s Venmo is one of the most widely used mobile apps for P2P payments in the United States.