PayPal Shares Decline Following Cleveland Research Downgrade

By EC Assets · Published 19 October 2026

PayPal shares declined following a downgrade from Cleveland Research. The independent research firm cited weakening trends for the payment company. Cleveland Research provides analysis on various companies across different sectors. For instance, the firm gave a negative outlook on Workday. Cleveland Research indicated that Workday suffered from increased competition and deal delays. The research firm also initiated coverage on Visa Inc. with a Buy rating on September 26. Cleveland Research identified Visa Inc. as one of the 10 Best Money Making Stocks to Invest In. The firm highlighted Visa's position in payment technology. Cleveland Research has also covered Fitbit. The firm suggested Fitbit could experience growth. However, it also noted concern regarding lock-up expiration. The firm indicated that device feedback suggested the wearables business, particularly activity trackers, is anticipated to grow over the next several years. Cleveland Research also engages in other research areas. A team from Cleveland Research identified a biological mechanism that may explain obesity relapse. This research explains why weight regain is common after dieting or stopping GLP-1 medications. Researchers discovered that obesity creates a lasting "memory" in fat cells that keeps hunger signals. This article is intended for informational purposes only. It does not constitute investment advice.