Read more
5:57 PM · 12 January 2022

PayPal stock slips after analyst downgrade

-
-
Open account Download free app

PayPal (PYPL.US) stock fell nearly 2.0% % after Jefferies downgraded its stance on the digital payments company to “hold” from “buy”, and lowered its price target from $255.00 to  $200.00 citing the normalizing of consumer conditions and limited catalysts ahead. Analysts are skeptical about PayPal's medium-term targets and do not see any immediate "positive catalyst" which could change current sentiment.

PayPal (PYPL.US) stock has traded sideways since the end of November between support at $179.50 and resistance at $195.32. Price failed to break above the upper limit of the consolidation zone yesterday, and continued range trading looks to be the base case scenario. However, should declines continue, investors should focus on the $168.00 handle which is marked with the 61.8% retracement of the upward move launched in March 2020. However, in case we finally see a break above the aforementioned $195.32 ,the upward move may accelerate towards 222.00 level marked with 38.2 Fibonacci retracement. Source: xStation5

14 January 2026, 9:14 AM

Saab shares surge as Scandinavian rearmament drives demand 📈

13 January 2026, 3:17 PM

Will the U.S. Supreme Court decision shake Wall Street? 🗽 These stocks could benefit

13 January 2026, 2:40 PM

The L3Harris Technologies rollercoaster ⚔️Nearly 13% gains wiped out despite a billion-dollar government investment❓

13 January 2026, 12:45 PM

DE40: European equities overbought❓All eyes on US CPI💡

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits