PayPal (PYPL) reported earning Wednesday, Feb. 2 after market close. Shares plummeted on the report. There has been a lot of credibility lost on the management team, says Dan Dolev of Mizuho Securities. He points out PayPal retracted their guidance numbers for net new adds. Mizuho has a buy rating on PayPal and a price target of $20 on the stock. Tom White explains a bullish call vertical options spread on PayPal. Dan lowered his stock price target on Block (SQ) to $210 from $285. Tom explains his neutral to bullish March cash secured put trade on Block.
03 Feb 2022
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