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Why PayPal Stock Raced Higher Today

TheMotleyFool

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The stock of PayPal Holdings (NASDAQ: PYPL) was such a popular item on Wednesday, it even soared past the high-flying S&P 500 index on an excellent day for equities. The fintech rose by over 7% after a pair of analysts reiterated their bullish cases for buying the stock.

Following a period of decline for PayPal stock, prognosticators Bryan Keane of Deutsche Bank (NYSE: DB) and MoffettNathanson's Lisa Ellis both weighed in on what they consider to be the company's excellent prospects.

Image source: Getty Images.

Source Fool.com

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