Wall Street Downgrades Push PayPal Shares Into Sharper Focus as Jim Cramer Warns of Deeper Slide
PayPal Holdings, Inc. (NASDAQ:PYPL) moved further into the spotlight on December 22 after a new analyst note from Morgan Stanley lowered the investment bank’s stance on the digital payments firm. The report cut the stock’s rating to Underweight from Equal Weight and trimmed the 12-month price target to $51 from $74, citing slower adoption of PayPal’s […]