"PayPal: The Bullish Growth Stock to Buy Before It Doubles in 5 Years, Analysts Say"

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Source: The Motley Fool
"PayPal: The Bullish Growth Stock to Buy Before It Doubles in 5 Years, Analysts Say"
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TL;DR Summary

Wall Street analyst Brett Horn is bullish on PayPal, setting a price target of $135 per share, implying 120% upside for shareholders. Despite a slip in share price this year, PayPal reported solid financial results in Q3, beating consensus estimates. The company benefits from its data advantage and dominant market share in online payment processing. With its commitment to innovation and attractive valuation, PayPal presents an attractive buying opportunity for patient investors, especially as the S&P 500 approaches bull market territory. However, investing in PayPal should be viewed as a long-term investment.

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