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How PayPal’s Growth Story Edged a New Bull Off the Sidelines

How PayPal’s Growth Story Edged a New Bull Off the Sidelines

PayPal stock notched an upgrade from an analyst who says the company can continue its recent strong performance. Daiwa Capital Markets analyst Kazuya Nishimura upgraded shares of the fintech to Outperform from Neutral in a Thursday report, while also raising his price target to $72 from $68 and lifting estimates. PayPal stock was up 0.9% to $64.84 in recent trading Friday.