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The Sell Side Reacts To PayPal's Q3 Results
Friday, October 21, 2016 - 1:00pm | 361Shares of Paypal Holdings Inc (NASDAQ: PYPL) gained more than eight percent on Friday and traded at fresh 52-week highs after the company reported its third quarter results. Related Link: PayPal Little Changed On Lukewarm Results, Guidance Here is a summary of how Wall Street analysts reacted...
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PayPal's Results Were 'Ok, But High Visibility Strengthens Conviction'
Friday, October 21, 2016 - 10:45am | 304Credit Suisse’s Paul Condra believes that the results reported by Paypal Holdings Inc (NASDAQ: PYPL) were “just-OK.” Condra maintains an Outperform rating on the company, while raising the price target from $43 to $47. Surprising Growth “The take rate continues to drop, but...
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Square's Competitors Summarized By Credit Suisse
Wednesday, October 19, 2016 - 9:18am | 621While Square Inc (NYSE: SQ) is a “strong growth and high quality” company, its stock valuation appears full, Credit Suisse’s Paul Condra said in a report. He initiated coverage of the company with a Neutral rating and a price target of $12. Square has a quality product and...
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Alliance Data Closer To A Card Lender Than Tech Company Says Credit Suisse; Downgrades
Wednesday, August 17, 2016 - 7:19am | 332Alliance Data Systems Corporation (NYSE: ADS) is being increasingly viewed as a lender, and its shares should trade in-line with other credit card lenders, rather than with technology services companies, Credit Suisse’s Paul Condra said in a report. He downgraded the rating on the company...
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PayPal Has A Chance To Build Sentiment
Monday, May 16, 2016 - 10:41am | 221Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to host its analyst day in San Jose on May 18. Credit Suisse’s Paul Condra maintained an Outperform rating for the company, with a price target of $42. The analyst commented that although management is unlikely to change its financial outlook...
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Credit Suisse Is Bullish On Payment Processors, Notes 'People Will Not Stop Buying Things'
Friday, December 11, 2015 - 9:55am | 584Paul Condra of Credit Suisse initiated coverage of the "Payments & Fin-Tech" space. Condra noted that a fee-per-transaction model benefits from massive volumes on a fixed-cost processing. The analyst added that simply enough, "People will not stop buying things." Paul Condra of Credit Suisse...
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PayPal Is The Purest Pure-Play On Mobile Payments, Says BMO
Wednesday, July 1, 2015 - 9:23am | 338In a report published Tuesday, BMO Capital Markets analyst Paul Condra discussed the U.S. online payment services industry, noting that strong and sustainable growth rates are expected over the mid-term as online commerce continues to grow. Condra estimated the total revenue opportunity for...