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Bank of America Securities Sets $53 PayPal Target; Three Peers Rated Buy

The assessment also included FIS, Global Payments and Toast.

Updated 1 min read
Pedestrians pass an office building along North First Street in San Jose, California. / EconoTimes.ai
Pedestrians pass an office building along North First Street in San Jose, California. / EconoTimes.ai

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Bank of America Securities set a $53 price target on PayPal and rated it Underperform, placing the payments company on a different footing from three Buy-rated peers.

Toast, Global Payments and FIS were also covered; all received Buy ratings. Their respective price targets were $40, $114 and $42.

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