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Wajeeh Khan

Truist Just Upgraded PayPal Stock. Here's Why.

PayPal Truist PYPL fintech Barchart PayPal Holdings Stripe

PayPal (PYPL) shares are in the spotlight on Friday morning after a senior Truist analyst, Matthew Coad, upgraded the financial technology giant to “Hold.”

In his research note, Coad raised his price objective on the digital payments pioneer as well to $57, implying a modest upside from current levels.

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