Notable Downgrades: PayPal (PYPL), GoPro (GPRO), Arris Group (ARRS), F5 Networks (FFIV), SunPower (SPWR)
October 29, 2015 at 14:57 PM EDT
PayPal Holdings, Inc. (PYPL) was reiterated a ‘Neutral’ by UBS analysts on Thursday. The broker cut its price target on the stock to $40 from $42. On valuation measures, PayPal Holdings stock it’s trading at a forward P/E multiple of 24.04x, and at a multiple of 40.46x this year’s estimated earnings. The t-12-month revenue at […] View the full post at: Notable Downgrades: PayPal (PYPL), GoPro (GPRO), Arris Group (ARRS), F5 Networks (FFIV), SunPower (SPWR) Related posts: Amazon Takes On eBay’s PayPal With New Pay Service Private equity firm Blackstone Group in Talks to Buy Fidelity National SunPower Shows Solar Can Be Profitable