Baird Maintains Outperform on eBay, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian has maintained an Outperform rating on eBay (NASDAQ:EBAY) and increased the price target from $50 to $57, indicating a positive outlook on the company's stock.
May 02, 2024 | 11:06 am
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Baird analyst Colin Sebastian maintains an Outperform rating on eBay and raises the price target from $50 to $57, signaling confidence in eBay's future performance.
The increase in eBay's price target by Baird, along with the maintenance of an Outperform rating, suggests a strong bullish sentiment towards eBay's stock. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price, as market participants react to the analyst's upgraded outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100