Truist Securities Maintains Hold on eBay, Lowers Price Target to $47- Report Released on 7th Nov
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a 'Hold' rating on eBay (NASDAQ:EBAY) but lowered the price target from $54 to $47.
November 08, 2023 | 3:34 pm
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NEGATIVE IMPACT
eBay's price target has been lowered from $54 to $47 by Truist Securities, though the 'Hold' rating is maintained.
The lowering of the price target by Truist Securities indicates a less optimistic outlook for eBay's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100