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Benzinga
Benzinga
Business
Melanie Schaffer

Trading Strategies For PayPal Stock Heading Into Q3 Earnings

PayPal Nasdaq

PayPal Holdings, Inc (NASDAQ:PYPL) is set to print its third-quarter financial results after the markets close on Thursday. Analysts expect the company to report EPS of 96 cents on revenues of $6.82 billion for the quarter ending Sept. 30.

Ahead of the earnings print, Morgan Stanley analyst James Faucette maintained an Overweight rating on PayPal and bumped the price target up by $1, from $134 to $135. The new price target suggests 75% upside for the stock.

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