PayPal Inc. ( NASDAQ: PYPL ): BTIG Research downgraded the stock to Neutral from Buy, while Raymond James cut the stock to Market Perform from Outperform. Wedbush kept an Outperform rating but sliced the target price to $170 from $220, and Jefferies stays with a Neutral rating and lowered the $200 target price to $145. The shares have traded in a wide 52-week range of $152.08 to $310.16 and have a $254 consensus target, which is sure to be headed lower. The stock closed Wednesday at $132.57, down almost 25% after the company posted a horrible earnings report.