PayPay (NASDAQ:PAYP) Now Covered by Jefferies Financial Group

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Jefferies Financial Group initiated coverage on PayPay (NASDAQ:PAYP) with a “Buy” rating and a $28.00 price target, suggesting a 33% upside. Several other firms, including Benchmark, Bank of America, Wolfe Research, and Morgan Stanley, also recently began coverage, resulting in a consensus “Moderate Buy” rating and an average price target of $25.44. PayPay recently reported $0.18 EPS on $636.46 million in quarterly revenue.

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