UBS Maintains Neutral on eBay, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar maintains a Neutral rating on eBay and raises the price target from $59 to $72.
October 24, 2024 | 5:21 pm
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UBS analyst Kunal Madhukar has maintained a Neutral rating on eBay but increased the price target from $59 to $72, indicating a more optimistic outlook on the stock's potential.
The increase in price target from $59 to $72 by UBS suggests a more positive outlook on eBay's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100