Switch Inc's IPO prices at $17 per share

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PayPal (PYPL) PT Raised to $78 at BofA/Merrill Lynch Ahead of 3Q Report

October 6, 2017 9:14 AM EDT

BofA/Merrill Lynch raised its price target on PayPal (NASDAQ: PYPL) to $78.00 (from $71.00) while maintaining a Buy rating ahead of the company's 3Q report. PYPL reports on 10/19.

Due to strong payment volume trends, analyst Jason Kupferberg raised 3Q revenue estimates to $3,203M from $3,181M,... More