Bernstein maintains PayPal Holdings at Market Perform, raises price target to $60 from $55

What happened

Bernstein raised its price target for PayPal from $55 to $60 per share and kept its Market Perform rating, which signals an expectation of performance in line with the market. A separate article says Michael Burry bought more PayPal shares near $59. PayPal recently reported third-quarter results and cost-cutting plans.

Global impact / market context

The higher target shows Bernstein sees somewhat more room for PayPal’s share price, but its unchanged rating is not a stronger recommendation. The reported purchase by Burry is another signal of interest, but it does not establish what will happen to the shares.

What to watch

1. Check whether Bernstein changes its Market Perform rating; that would show whether its overall view has shifted.
2. Check for further details about PayPal’s third-quarter results and cost-cutting plans; the supplied facts give no specific results or plan details.
3. Check for further reported PayPal share purchases by Michael Burry; the supplied facts mention only one purchase near $59.

Affected assets

• PayPal Holdings

Evidence

• Infoway News — Can PYPL Stock Build On Its Recovery? This Analyst Raises Target To $60, Burry Is Also Adding Shares 2026-11-12T01:46:59+00:00
• Infoway News — PayPal Holdings Price Target Raised to $60.00/Share From $55.00 by Bernstein 2026-11-11T17:41:00+00:00
• Infoway News — Bernstein maintains PayPal Holdings at Market Perform, raises price target to $60 from $55 2026-11-11T17:30:05+00:00
• Incident timeline — Can PYPL Stock Build On Its Recovery? This Analyst Raises Target To $60, Burry Is Also Adding Shares
• Incident timeline — PayPal Holdings Price Target Raised to $60.00/Share From $55.00 by Bernstein
• Incident timeline — Bernstein maintains PayPal Holdings at Market Perform, raises price target to $60 from $55