Shares in San Jose, California headquartered PayPal Holdings Inc. ended Friday's session 0.70% lower at $40.90 with a total trading volume of 6.53 million shares. The stock has advanced 1.79% in the last month, 7.89% over the previous three months, and 12.98% on an YTD basis. The Company's shares are trading 2.29% above their 50-day moving average and 6.72% above their 200-day moving average. Moreover, shares of PayPal, which operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide, have a Relative Strength Index (RSI) of 49.46.
On October 21st, 2016, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy'. The research firm also revised upwards its previous target price from $43 a share to $49 a share.
On October 24th, 2016, Intuit and PayPal announced the expansion of their partnership, helping small businesses and the self-employed get paid faster. The partnership will provide QuickBooks Online customers with a new way of accepting payments via PayPal, and automate the work traditionally associated with managing the books. This is an expansion of an integration first launched in Australia in November 2015. Free research report on PYPL is available at:
California headquartered LendingClub Corp.'s shares rose 0.79%, closing the day at $5.13. A total volume of 10.29 million shares was traded, which was above their three months average volume of 8.25 million shares. The stock has advanced 7.10% in the previous three months. The Company's shares are trading 7.76% below their 50-day moving average. Additionally, shares of LendingClub, which together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the US, have an RSI of 48.60.
On October 25th, 2016, Lending Club announced the launch of an auto refinance product that gives car owners a simple solution to save money on their auto loans. The product is being launched initially to California residents with plans to expand nationally in early 2017. The new auto refinance product will help eligible consumers save money by refinancing into more affordable loans with better rates, clear terms, and no hidden fees.
On November 03rd, 2016, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. The complimentary research report on LC can be downloaded at:
Last Friday, shares in San Francisco, California headquartered Visa Inc. dropped 0.36%, closing the session at $80.36. The stock recorded a trading volume of 7.57 million shares. The Company's shares have advanced 0.69% over the previous three months and 4.19% on an YTD basis. The stock is trading 3.32% above its 200-day moving average. Furthermore, shares of Visa, which operates an open-loop payments network worldwide, have an RSI of 37.59.
On October 25th, 2016, Visa announced that it is accelerating the adoption of secure, digital payments by allowing third party partners to offer Visa Token Service (VTS). By expanding access to VTS to new partners, Visa will be able to more quickly and easily offer secure digital payment services on any device to the market. Giesecke and Devrient, Gemalto and Inside Secure are the initial partners participating in Visa's token service provider program.
On October 25th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $94 a share to $93 a share. Visit us today and access our complete research report on V at:
Stamford, Connecticut headquartered Synchrony Financial's shares finished the session 0.32% higher at $28.22 with a total trading volume of 5.91 million shares. The stock has advanced 5.04% in the last month and 1.58% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 3.23% and 1.48%, respectively. Additionally, shares of Synchrony Financial, which operates as a consumer financial services company in the US, have an RSI of 56.39.
On October 27th, 2016, Synchrony Financial announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share of common stock, payable on November 17th, 2016 to holders of record at the close of business on November 7th, 2016.
On November 04th, 2016, research firm Compass Point initiated a 'Buy' rating on the Company's stock, issuing a target price of $34 per share. Get free access to your research report on SYF at:
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