PayPal Moves Lower After Downgrade By Canaccord Genuity

By | September 19, 2016


(RTTNews.com) – Shares of PayPal ( PYPL ) have moved to the downside during trading on Monday, with the online payment company currently down by 2 percent.

The drop by PayPal comes after Canaccord Genuity downgraded its rating on the company’s stock to Hold from Buy and lowered their price target to $ 40 from $ 45.

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