not vested
PayPal
This stock has long been a Merrill Lynch and Wall Street favorite and continues to deliver solid results.
PayPal Holdings Inc. (NASDAQ: PYPL) is a global, technology-driven payment platform with greater than 210 million direct customer relationships in more than 200 countries.
PayPal empowers a streamlined digital and mobile payment experience in-browser, on mobile devices and in-app. It is accepted at more than 75% of the largest 100 internet retailers.
PayPal enables businesses of various sizes to accept payments from merchant websites, mobile devices and applications, as well as at offline retail locations through a range of payment solutions across company’s payments platform, including PayPal, PayPal Credit, Venmo and Braintree products.
The company’s platform allows customers to pay and get paid, withdraw funds to bank accounts and hold balances in PayPal accounts in various currencies.
The $88 Merrill Lynch price objective compares with the consensus target of $81.28. The shares were last seen trading at $73.70.
Source: 24/7 Wall Street