Morgan Stanley Maintains Overweight on eBay, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk maintains an Overweight rating on eBay (NASDAQ:EBAY) but lowers the price target from $62 to $61.
May 02, 2024 | 5:20 pm
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Morgan Stanley maintains an Overweight rating on eBay but lowers the price target from $62 to $61.
The adjustment in price target by Morgan Stanley, while maintaining an Overweight rating, suggests a continued positive outlook on eBay but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on eBay's stock price as the market absorbs the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100