I get a lot of PayPal spoofs. Clicking on the link is not problem. It will take you to a bogus PayPal log-in screen. As that point, DO NOT LOG IN USING YOUR REAL USER-ID AND PASSWORD. That's what they want you to do, They want to finded out your PayPal User-ID and Password, and they have access your account and your bank account, credit card numbers, etc.
I like to log in with a bogus UserID and password. The fact that it always accepts what ever I key quickly tells me that it's a bogus email.
If the email addressed you by name, then it would appear that it is someone who knows you, or has done business with you via PayPal and knows your name and knows you have a PayPal account. If you send somebody money via PayPal, the email to Payee identifies who sent the money by name. That is the full name registered with PayPal.
...Rich