PayPal (PYPL) is receiving bullish sentiment from Monness, Crespi, & Hardt. The firm has raised its price target from $95 to $110 while maintaining a Buy rating on the stock. This upgrade comes after the firm's analysis of "key US e-commerce indicators" suggests strong quarterly performance.

The digital payments giant is scheduled to report its third quarter earnings on Tuesday.

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This post was written by Angel Smith