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Home.forex news reportPayPal (PYPL) Initiates BofA with Neutral Rating and $48 PT

PayPal (PYPL) Initiates BofA with Neutral Rating and $48 PT

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Included in our list of the 10 best large cap growth stocks to buy is PayPal Holdings, Inc. (NASDAQ:PYPL)

PayPal (PYPL) Initiates BofA with Neutral Rating and $48 PT
PayPal (PYPL) Initiates BofA with Neutral Rating and $48 PT

On March 5, 2026, BofA analyst Matthew O’Neill reinstated coverage of PayPal Holdings, Inc. (NASDAQ:PYPL) with a Neutral rating and a $48 price target. The update aligns with 64% of analysts who maintain a Hold rating (as of March 6, 2026) on PayPal Holdings, Inc. (NASDAQ:PYPL). The consensus price target of $46.97 suggests a potential downside of 4.19%. Prior to this, on March 3, 2026, KGI Securities adopted a more cautious approach amid shifting competition pressures in the payments sector. Accordingly, the firm downgraded PayPal from Outperform to Neutral with a $55 price target. Reuters noted earlier in February that Stripe is considering acquiring PayPal Holdings, Inc. (NASDAQ:PYPL) or a portion of its operations, indicating a strategic desire to increase its presence in the digital payment space. The research comes at a time when PayPal is experiencing slower growth due to declining consumer spending, rising interest rates, and intensifying competition from tech giants like Apple and Google. The company’s growth has slowed recently, despite benefiting from the surge in online transactions over the years brought on by the pandemic. PayPal Holdings, Inc. (NASDAQ:PYPL) is a company that offers digital payment platforms and services, including Xoom, Braintree, Venmo, and PayPal Credit. The company was founded in 1998 and is headquartered in San Jose, California. While we acknowledge the potential of PYPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.



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