Bernstein analysts downgraded shares of the payments company to Market Perform from Outperform but raised their price target to $80.
Investing.com -- Bernstein analysts downgraded PayPal (NASDAQ:PYPL) Market-Perform from Outperform in a note Thursday, citing concerns over rising competitive pressures and uncertainty around the company's long-term growth trajectory.
Affirm Holdings, American Express, Fidelity, PayPal and The Western Union are included in this Analyst Blog.