The initiation of coverage by Wells Fargo with an Equal-Weight rating and a price target of $45 for eBay suggests a neutral outlook for the stock in the short term. The rating indicates that the stock is expected to perform in line with the market, and the price target represents a potential upside from the current price. However, the impact on the stock price in the short term is uncertain, as the market may have already priced in the analyst's expectations.