WEBVTT

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<v Speaker 1>This is Your PayPal Daily News podcast. As of today,

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<v Speaker 1>PayPal stock price is around sixty eight dollars and nineteen

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<v Speaker 1>cents per share, following a slight increase of zero point

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<v Speaker 1>three per cent on the previous day. The trading volume

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<v Speaker 1>was notably lower, with approximately three million, one hundred four thousand,

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<v Speaker 1>five hundred eighty one shares traded, which is a significant

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<v Speaker 1>decline of seventy four percent from the average daily volume

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<v Speaker 1>of twelve million, one hundred seventy two thousand, thirty eight shares. Recently,

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<v Speaker 1>there have been several updates from analysts regarding PayPal stock.

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<v Speaker 1>Citygroup reiterated an outperform rating, while Morgan Stanley increased its

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<v Speaker 1>target price from seventy nine dollars to eighty dollars, maintaining

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<v Speaker 1>an equal weight rating. Keith breetten Woods also raised their

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<v Speaker 1>target price from ninety two dollars to one hundred four

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<v Speaker 1>dollars with an outperform rating. Additionally, Wolf Research upgraded PayPal

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<v Speaker 1>from a peer perform to an out perform rating with

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<v Speaker 1>a target price of one hundred seven dollars. Bank of

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<v Speaker 1>America upgraded the stock from neutral to buy and increased

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<v Speaker 1>its target price from eighty six dollars to one hundred

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<v Speaker 1>three dollars. PayPal's recent quarterly earnings report showed a revenue

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<v Speaker 1>increase of four point two per cent year over year,

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<v Speaker 1>with earnings per share of one dollar and nineteen cents,

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<v Speaker 1>beating analysts expectations. The company's market capitalization is approximately sixty

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<v Speaker 1>seven billion, eight hundred twenty million dollars, with a price

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<v Speaker 1>to earnings ratio of seventeen point one. In terms of

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<v Speaker 1>other relevant news, PayPal continues to operate as a major

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<v Speaker 1>player in the digital payments sector, connecting merchants and consumers

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<v Speaker 1>worldwide through its platform. Despite fluctuations in stock price, PayPal

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<v Speaker 1>remains a significant force in the financial technology industry. And

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<v Speaker 1>that is it for today. Hit the subscribe button and

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<v Speaker 1>never miss out. Thanks for listening.