Wells Fargo Maintains Equal-Weight on eBay, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on eBay (NASDAQ:EBAY) but has reduced the price target from $46 to $45.

January 24, 2024 | 3:21 pm
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Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on eBay and lowers the price target from $46 to $45.
The reduction in eBay's price target by Wells Fargo, despite maintaining the Equal-Weight rating, could be perceived negatively by the market, potentially leading to a short-term decline in eBay's stock price. Investors often view a lower price target as a sign that the stock may not perform as well as previously expected.
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