JP Morgan analyst Tien-tsin Huang maintained an Overweight rating on PayPal Holdings, Inc (NASDAQ:PYPL). On Tuesday, PayPal reported fiscal third-quarter revenue growth of 6% to $7.85 billion, marginally missing the analyst consensus estimate of $7.88 billion. Total payment volumes increased 9% to $422.6 billion in the quarter. Also Read: Xerox Clocks 7th Consecutive Revenue Miss Quarter In Q3, Slashes 2024 Outlook, Stock Tanks Payment transactions were up 6% to $6.6 billion, and the payment transactions per active account increased 9% on a trailing 12-month basis to $61.40. Total active accou…
