WEBVTT

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<v Speaker 1>PayPal Holdings has seen a notable dip in its stock

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<v Speaker 1>price recently. As of Thursday, November twenty one, PayPal shares

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<v Speaker 1>closed around fifty eight United States dollars and eleven cents,

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<v Speaker 1>declining more than three per cent on the day. This

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<v Speaker 1>drop followed heavier than usual trading volume, which surged compared

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<v Speaker 1>to the average, indicating heightened investor activity and possibly some

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<v Speaker 1>anxiety in the market. The stock is now trading far

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<v Speaker 1>below its key moving averages for fifty days and two

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<v Speaker 1>hundred days, which were about sixty eight and seventy United

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<v Speaker 1>States dollars, respectively, suggesting a bearish short term momentum. The

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<v Speaker 1>recent earnings release in late October brought a modest positive surprise,

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<v Speaker 1>showing earnings per share of one United States dollar and

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<v Speaker 1>thirty four cents versus an expected one United States dollar

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<v Speaker 1>and twenty cents. Quarterly revenue was eight billion, four hundred

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<v Speaker 1>twenty million United States dollars and climbed about seven per

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<v Speaker 1>cent year over year, a solid pay but perhaps not

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<v Speaker 1>enough to reinvigorate investor enthusiasm. PayPal's outlook for the full

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<v Speaker 1>year forecasts earnings per share between five United States dollars

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<v Speaker 1>and thirty five cents and five dollars and thirty nine cents,

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<v Speaker 1>reinforcing expectations for study if unspectacular profitability. On the analyst front,

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<v Speaker 1>there has been an active period of updates, though the

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<v Speaker 1>overall tone is cautious. Argus raised its price target to

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<v Speaker 1>eighty seven United States dollars and gave PayPal a by rating,

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<v Speaker 1>while Dortsche Bank set its target at seventy five United

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<v Speaker 1>States dollars. Other analysts such as Robert W. Baird and T. D.

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<v Speaker 1>Cowen bumped their targets. They'll most still recommend holding rather

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<v Speaker 1>than buying aggressively. The average analyst price target sets near

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<v Speaker 1>eighty two United States dollars. McCrory has expressed the most optimism,

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<v Speaker 1>lifting its target to one hundred United States dollars. However,

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<v Speaker 1>there is divergence with some downgrades too, such as Goldman

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<v Speaker 1>Sachs shifting to a cell with a seven United States

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<v Speaker 1>dollars target. One unique development is that institutional investors continue

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<v Speaker 1>to adjust their positions. A noteworthy transaction is Norge's Bank

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<v Speaker 1>acquiring nearly one billion United States dollars worth of PayPal

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<v Speaker 1>shares this year, while other asset managers slightly increase their holdings,

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<v Speaker 1>suggesting some confidence in longer term prospects. Looking ahead, forecasts

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<v Speaker 1>predict a choppy period for PayPal stock in the coming months,

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<v Speaker 1>with analysts bracing for further volatility as the company navigates

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<v Speaker 1>competitive pressures and digital payments, and concerns about future growth

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<v Speaker 1>in its core check out business. Despite a recent rough patch,

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<v Speaker 1>PayPal remains a widely followed name in technology finance, and

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<v Speaker 1>many market watchers see potential for a rebound if the

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<v Speaker 1>company executes well in the coming quarters.