TD Cowen Maintains Hold on eBay, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Hold rating on eBay and raises the price target from $45 to $54.
October 25, 2024 | 7:28 pm
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TD Cowen analyst John Blackledge maintains a Hold rating on eBay, but raises the price target from $45 to $54, indicating a more optimistic outlook.
The increase in the price target from $45 to $54 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 Hold rating indicates that the analyst does not see a strong buy opportunity, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100