Paypal Holdings Inc (NDAQ:PYPL) had its target price hoisted by equities researchers at Barclays PLC from $47.00 to $48.00 in a research report issued to clients and investors on Friday. The brokerage currently has an “overweight” rating on the stock.

Shares of Paypal Holdings (NDAQ:PYPL) opened at 43.16 on Friday. The company has a market capitalization of $52.12 billion and a PE ratio of 37.53. Paypal Holdings has a 1-year low of $34.00 and a 1-year high of $44.52. The stock’s 50 day moving average price is $41.70 and its 200-day moving average price is $40.58.

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About Paypal Holdings

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

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