Why PayPal Stock Rallied on Monday

Shares of PayPal (NASDAQ: PYPL) were decidedly positive on Monday, jumping as much as 4%. By the time the market closed, the stock was still up 3.3%.

When the fintech pioneer reported its third-quarter results Friday, investors didn't like what they saw. On further reflection, however, shareholders decided things weren't all that bad. A couple of well-placed words from analysts didn't hurt either.

In the wake of PayPal's financial results, two of Wall Street's finest weighed in on the quarter, and their takes were surprisingly bullish.

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Source Fool.com