Payments Reboot: BofA Restarts Coverage with 5 Buys and Attractive Entry Points
BofA reinstates coverage with Buy ratings on Visa, Mastercard, Block, Affirm, Klarna — Neutral on PayPal.
/ 18 items
#PYPL↓
PayPal Shuts Down Sale Rumors — No Talks with Stripe or Anyone Else
PayPal denies being in acquisition discussions with Stripe amid recent rumors. The company is preparing defenses against activists or takeovers after a stock drop, as new CEO Enrique Lores prepares to start.
From Pioneer to Target: PayPal Draws Stripe Acquisition Interest
Stripe is exploring buying all or parts of PayPal in early talks. This could shake up online payments, but nothing is final yet.
PayPal Faces Buyout Buzz After Big Stock Drop
PayPal is drawing interest from buyers following a sharp fall in its share price. New CEO starts soon amid competition challenges.
BofA Downgrades HP After CEO Exit
Bank of America downgrades HP to Underperform as CEO Enrique Lores leaves for PayPal amid slowing PC demand and rising costs.
PayPal CEO Replaced as Earnings Miss, Stock Tumbles
PayPal (PYPL) announces CEO change as Q4 earnings disappoint. HP's Enrique Lores to replace Alex Chriss. Shares drop 16% on weak retail spending and slowing branded checkout growth.