Nov 10, 2021 08:28 AM (GMT+8) · EqualOcean
Credit Suisse analyst Timothy CHIODO maintained PayPal's "overweight" rating, and the target price was lowered from $315 to $280. Analysts said that a series of factors led to the company's "disappointment" in the third quarter, and the performance guidelines for the fourth quarter and the whole year were also lower than market expectations. Analysts pointed out that in 2021 and 2022, the company's compound annual growth rate of revenue may be lower than the expected 20%, which means that higher revenue growth is required from 2023 to 2025.