Paypal Holdings Inc (NASDAQ:PYPL): SunTrust Bullish

SunTrust Robinson raised its target on Paypal Holdings Inc (NASDAQ:PYPL) to $44 from $38 expecting a solid first-quarter earnings report from the company.

The firm is one of 25 equity research analysts that have recently weighed in on shares of Paypal Holdings Inc (NASDAQ:PYPL). On a consensus basis, the sell-side has a one year price target of $41.6 on the stock. The most aggressive analyst sees the stock reaching $50 while the most conservative has a $32 target price.

In terms of Buy,Sell or Hold recommendations, Paypal Holdings Inc has an average broker rating of 2.06. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that the company will report earnings of $0.29 for the current quarter on or around 2016-04-27. Most recently the company posted an earnings surprise of 14.29% as the reported number of $0.32 was $0.04 away from consensus estimates.

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