Analyst: PayPal Holdings Has 46% Upside Thanks to Bitcoin Surge

Analyst: PayPal Holdings Has 46% Upside Thanks to Bitcoin Surge

One prognosticator following PayPal Holdings (NASDAQ: PYPL) feels the company is deserving of far more investor love. In a research note circulated on Friday, Dan Dolev of Mizuho Securities raised his price target on the stock to a "street high" of $350 per share, quite a hike from the previous $290. One big factor is at play with Dolev's increase -- bitcoin specifically, and cryptocurrencies generally.