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Barchart
Wajeeh Khan

PayPal Has Attracted Takeover Interest. Does That Make PYPL Stock a Buy Here?

PayPal (PYPL) shares are pushing higher today following media reports that the digital payments pioneer has attracted unsolicited buyout interest. According to Bloomberg, one of the potential suitors wants to take over the entire company, while others are interested in particular assets like Venmo and Braintree. 

Despite today’s surge, PayPal stock is still down about 25% versus its year-to-date high. 

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