1 Magnificent Growth Stock to Buy Before It Soars 149%, According to a Wall Street Analyst
The past year has been tough for (NASDAQ: PYPL) and its shareholders. The fintech stock has fallen 27% as investors lamented over lackluster growth and weak guidance, even as the S 500 advanced 20% amid a resilient economy. But Wall Street thinks PayPal stock is oversold.
The median price target among analysts is $68 per share, implying 17% upside from its current price. But Morgan Stanley analyst James Faucette is even more optimistic. His bull-case price target is set at $145 per share, implying 149% upside.
Investors should treat short-term forecasts with skepticism, especially when they come from individual analysts. But PayPal warrants a closer look given the Wall Street consensus.
Source Fool.com
Paypal Holdings Inc Stock
€65.12
0.220%
With 70 Buy predictions and 3 Sell predictions Paypal Holdings Inc is one of the favorites of our community.
With a target price of 75 € there is a slightly positive potential of 15.17% for Paypal Holdings Inc compared to the current price of 65.12 €.
