The stock of PayPal Holdings (NASDAQ: PYPL) was such a popular item on Wednesday, it even soared past the high-flying S&P 500 index on an excellent day for equities. The fintech rose by over 7% after a pair of analysts reiterated their bullish cases for buying the stock.
Following a period of decline for PayPal stock, prognosticators Bryan Keane of Deutsche Bank (NYSE: DB) and MoffettNathanson's Lisa Ellis both weighed in on what they consider to be the company's excellent prospects.
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Why PayPal Stock Raced Higher Today