PayPal's Reset Could Finally Reward Patient Buyers (Rating Upgrade)

I'm upgrading PayPal Holdings (PYPL) back to 'Buy' due to excessive market pessimism and undervaluation. PYPL's Q1 results showed strong revenue and TPV growth, but margins and take rates remain pressured. New CEO Enrique Lores is restructuring operations, targeting $1.5 billion in run-rate savings via AI-driven efficiencies.