Pypl stock forecast shows cautious optimism as PayPal

PYPL stock forecast shows cautious optimism as PayPal trades near $60, with analysts eyeing a potential upside to $70 if Q4 earnings beat consensus. Market sentiment improves as fintech peers rally, but macro pressures could weigh on transaction volumes. Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. JP Morgan: raised its target to $85 from $75, maintaining its ‘buy’ rating. PYPL stock forecast finds support from lower-than-expected churn rates in merchant accounts. Wall Street acknowledges that stabilizing customer acquisition costs enhances operating leverage, improving 2024 outlook.