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BofA Rates Three Payments Firms Buy, PayPal Underperform

The targets are $42 for FIS, $114 for Global Payments, $40 for Toast and $53 for PayPal.

Four card terminals arranged in three-to-one groups on a pale plinth / TokenPost.ai
Four card terminals arranged in three-to-one groups on a pale plinth / TokenPost.ai

BofA Securities assigned Buy ratings to FIS, Global Payments and Toast, setting price targets at $42, $114 and $40, respectively. PayPal received an Underperform rating and a $53 target, putting it on the opposite side of the ratings slate from the three Buy-rated firms.

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