Macquarie Downgrades PayPal as Cost-Saving Plan Looks Too Back-End Loaded
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The post Macquarie Downgrades PayPal as Cost-Saving Plan Looks Too Back-End Loaded appeared first on 24/7 Wall St..
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Macquarie downgraded PayPal (PYPL) stock to Neutral from Outperform with a price target cut to $50 from $58, as Q2 2026 guidance disappointed and the $1.5B cost-savings program is heavily back-end loaded with most benefits arriving in 2026-2027.
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Macquarie downgraded PayPal (PYPL) stock to Neutral from Outperform with a price target cut to $50 from $58, as Q2 2026 guidance disappointed and the $1.5B cost-savings program is heavily back-end loaded with most benefits arriving in 2026-2027.
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