What's Going On With PayPal Stock?
PayPal Holdings Inc (NASDAQ: PYPL) shares are volatile in Monday's trading session. A pair of analysts adjusted price targets on the stock Monday morning. A Congress member also recently sold PayPal shares.
What Happened: Mizuho analyst Dan Dolev maintained PayPal with a Buy rating and lowered the price target from $118 to $105.
Barclays analyst Ramsey El-Assal maintained PayPal with an Overweight rating and raised the price target from $100 to $108.
The analyst adjustments come after PayPal president and CEO Dan Schulman spoke at the UBS Global TMT Conference on Friday.
What Else: The office of Senator Ron Wyden reported a sale of PayPal stock valued between $100,000 and $250,000 on Dec. 11.
Check This Out: A Congress Member Sold Up To $250K In PayPal Holdings Stock: Here's What You Need To Know
PayPal provides electronic payment solutions to merchants and consumers with a focus on online transactions.
PYPL Price Action: PayPal has a 52-week high of $196.10 and a 52-week low of $67.58.
The stock was down 1.01% at $72.89 at time of publication, according to Benzinga Pro.
Photo: courtesy of PayPal.
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