Susquehanna Maintains Neutral on eBay, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil has maintained a Neutral rating on eBay (NASDAQ:EBAY) and raised the price target from $43 to $52.
February 29, 2024 | 1:53 pm
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Susquehanna analyst Shyam Patil maintains a Neutral rating on eBay but raises the price target from $43 to $52.
The increase in eBay's price target by Susquehanna reflects a positive outlook on the company's future performance, potentially leading to a short-term increase in stock price. However, the Neutral rating suggests that the analyst sees the stock as fairly valued at its current price, indicating that the price target increase might not lead to significant stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100