** Morgan Stanley says Stripe and Advent International's proposal would provide the "most credible path to value realization" for PayPal PYPL.O shareholders amid limited standalone options to improve growth for PYPL

** Co faces intense wallet competition and a maturing customer base across PYPL and Venmo - brokerage

** Digital payments platform PYPL shares fall 1.2% to $56.06 premarket

** Brokerage sees few realistic catalysts that could drive a sustained reacceleration in PYPL's rev and earnings growth

** Reuters reports that PYPL's board views the $60.50-per-share offer from Stripe and Advent as inadequate, believing it undervalues the co and poses regulatory and financing challenges

** 10 of 46 brokerages rate the stock "buy" or higher, 32 "hold", and four "sell" or lower; median PT is $48 - data compiled by LSEG

** Up to last close, stock had fallen 2.8% this year