PayPal (NASDAQ:PYPL – Get Free Report) had its target price raised by equities research analysts at TD Cowen from $48.00 to $59.00 in a report issued on Wednesday,Benzinga reports. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of PayPal in a report on Friday, May 8th. Based on data from MarketBeat, PayPal has a consensus rating of “Hold” and a consensus price target of $56.19. Get PayPal alerts:View Our Latest Analysis on PYPLPayPal Trading Up 1.4%Shares of PayPal stock traded up $0.81 during trading on Wednesday, hitting $59.13. Mizuho and Citi also raised targets to $60 and $61, respectively, following the earnings report.