SocialNewsBreaks – Analyst Upgrades and Strategic Focus Drive Optimism for PayPal Holdings Inc. (NASDAQ: PYPL)
PayPal Holdings Inc. (NASDAQ: PYPL) has recently garnered attention following analyst upgrades and strategic initiatives aimed at revitalizing growth. Wolfe Research upgraded PayPal to "Outperform" with a $107 price target, citing the company's streamlined focus, expense management, and shareholder returns as key factors contributing to a positive outlook. Analysts anticipate growth in areas such as branded checkout innovations, Braintree, and Venmo monetization, alongside increased debit card adoption through the PayPal Everywhere rewards campaign. Similarly, Bank of America Securities upgraded PayPal to "Buy" from "Neutral," raising the price target to $103. This optimism is attributed to PayPal's turnaround efforts under CEO…