Analysts are pounding the table for Paypal (PYPL).

They like its balance sheet, its new management team, and its strategy.

But the Cloud Czars are coming.

PYPL stock - Why Are They Pounding the Table for PayPal Stock Heading Into 2024?

There seem to be more analysts pounding the table for PayPal (NASDAQ:PYPL) stock today than ever before.

The stock is pretty beaten down. PYPL stock is down 9% over the last year, 67% since the start of 2022, 25% over the last five years. There has been a small December rally, but the long-term chart still looks bearish. So, what’s behind the earnest pumping of PayPal stock?