Pypl stock forecast longer-term trend channels project

Longer-term trend channels project possible retest of $80 in 12-18 months with sustained earnings delivery. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.07% downward. Paypal presently features a Zacks Rank of #3 (Hold). JP Morgan: raised its target to $85 from $75, maintaining its ‘buy’ rating. PYPL stock forecast draws bullish commentary as management reiterates commitment to cost reductions exceeding $900M annually. Operating margin guidance lifts fair-value estimates into the mid-$70 range from current levels.