PayPal Shares Under Pressure as Core Business Growth Slows

Concerns over the near-term growth trajectory of PayPal’s most profitable segment are weighing heavily on investor sentiment and analyst outlooks. The digital payments giant faces renewed scrutiny following a significant price target reduction from Evercore ISI.

Market researchers at Evercore ISI have cut their price target for PayPal from $75 to $65 per share. While the firm maintains its “In-line” rating on the stock, this adjustment reflects growing skepticism about the company’s short-term performance. The revision was primarily driven by disappointing signals for the ongoing fourth quarter.

Slowing Momentum in Key Revenue Driver

The core issue centers on PayPal’s “Branded Checkout” business, the classic payment process initiated Read more...