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PayPal: Q2 Earnings Could Be Rough — But the Stock Remains a Buy
Over the past 52 weeks, fintech giant PayPal (PYPL) has lost 75% of its value as investors began questioning the stock’s growth prospects in the face of a looming recession. Two weeks from now, after close of trading on Tuesday, August 2, PayPal will get a chance to dispel those fears — or confirm them — when it reports its Q2 2022 earnings. Ahead of those earnings, Wall Street is hedging its bets. Case in point: In his earnings preview Thursday, RBC Capital analyst Daniel Perlin reiterated hi