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PayPal (PYPL) was upgraded to a Hold by Truist with a $57 price target amid a flurry of analyst Activity including UBS, Daiwa, Mizuho and Piper Sandler lifting or maintaining ratings and targets, underscoring a mixed but constructive view on the stock. The company reported first-quarter results with $1.34 EPS on $8.35 billion in revenue, beating expectations and continuing a trend of solid margins and profitability.
Daiwa Securities Group Inc. is a Japanese investment bank that is the second largest securities brokerage after Nomura Securities.