Credit Suisse Maintains Outperform on eBay, Lowers Price Target to $56
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on eBay (NASDAQ:EBAY), but lowered the price target from $57 to $56.
July 27, 2023 | 12:44 pm
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eBay's price target has been lowered from $57 to $56 by Credit Suisse, though the 'Outperform' rating is maintained.
The lowering of eBay's price target by Credit Suisse may cause some short-term uncertainty among investors, potentially impacting the stock's price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out any negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100