Name: PayPal’s (PYPL) Multiple Will Not Expand Meaningfully In Near-Term
Uploaded: 2024-01-04T17:08:05.974
Duration: 4 min 33 s

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Oppenheimer does not think that PayPal’s (PYPL) multiple will expand meaningfully in the near-term. PayPal was downgraded to perform from outperform at Oppenheimer. The analyst notes that the recent stock rally brings the company’s valuation more in line with its improving e-commerce volumes. Renita Young discusses this story, and Rick Ducat goes over technical trends, as well as other information to watch in PayPal’s chart. Tune in to find out more about the stock market today.

PayPal’s (PYPL) Multiple Will Not Expand Meaningfully In Near-Term

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