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PayPal price target raised to $48 from $41 at Goldman Sachs

Goldman Sachs raised the firm's price target on PayPal to $48 from $41 and keeps a Sell rating on the shares. The Payments group is relatively well positioned heading into Q2 earnings on stronger fundamentals against weak year to date performance, the analyst tells investors in a research note.

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Goldman Sachs raised the firm's price target on PayPal to $48 from $41 and keeps a Sell rating on the shares.

The Payments group is relatively well positioned heading into Q2 earnings on stronger fundamentals against weak year to date performance, the analyst tells investors in a research note.