Apple's deal in the EU, requiring it to open its NFC technology to competitors, is seen as a potential boost for PayPal (PYPL) by analysts. Mizuho highlights multiple benefits for PayPal from the Apple/EU settlement, emphasizing the EU's significance as a key market for PayPal.
$PYPL PayPal sports a FCF / EV Yield of 8.25% 👀 https://t.co/zdQjtlgbhd
Apple/EU settlement is 'of multiple benefits' to this fintech stock: Mizuho https://t.co/u3K1qw784E https://t.co/sRkuxdouJv
Mizuho Sees Multiple Benefits for $PYPL from Apple/EU Settlement Analyst Comments: "The EU settlement with Apple, requiring it to open its NFC technology to competitors, brings multiple benefits to PayPal (PYPL). The EU is a key market for PayPal, making up 15-20% of its total…