PayPal (PYPL) Stock Climbs, Could Rise 40% in Analyst View

NEW YORK (TheStreet) -- PayPal shares are up 1.8% to $35.33 in early market trading on Monday, as the company's stock could rise as much as 40% to $46 per share, according to a report from Barron's. Analyst Jack Willoughby believes that the company is well-positioned at the forefront of what he sees as a growing digital payment industry. Now that the company has officially spun off from eBay , it can also do deals with large retail vendors and move back into office operations, according to the r...