eBay shares are trading higher after Truist Securities raised its price target on the stock from $50 to $58.
Portfolio Pulse from Benzinga Newsdesk
eBay shares are trading higher after Truist Securities raised its price target on the stock from $50 to $58.
August 06, 2024 | 5:27 pm
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POSITIVE IMPACT
eBay shares are trading higher following Truist Securities' decision to raise its price target from $50 to $58.
The increase in the price target by Truist Securities is a positive signal to investors, suggesting confidence in eBay's future performance. This is likely to drive short-term buying interest and push the stock price higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100