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PayPal (PYPL) Stock: Bank of America Raises Target to $55 After NFL Deal

PayPal (PYPL) Stock: Bank of America Raises Target to $55 After NFL Deal

PayPal (PYPL) stock rose above $51 after being named the NFL’s official P2P payments partner, covering global fan transactions. Bank of America increased its target price to $55, suggesting about 8% potential upside. The announcement boosted investor confidence, with PYPL stock recovering from an initial dip of over 1.5%. BMO Capital also initiated coverage with a Market Perform rating.

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