Freedom Broker cut its PayPal rating from Buy to Hold and lowered its target to $63 from $72; PayPal separately raised its 2026 non-GAAP earnings-per-share forecast.
The brokerage moved its call from Buy to Hold. Its stated target moved from $72 to $63, a $9 reduction. PayPal said online branded-checkout payment volume grew 1% year over year on a currency-neutral basis in the quarter.
In Tuesday afternoon trading on Nov. 3 (ET), PayPal stood at $58.69, down 0.15%.
PayPal's third-quarter results also showed lower net income, detailed in EconoTimes' earlier coverage of the quarter.
