Barclays Maintains Overweight on eBay, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Overweight rating on eBay but lowers the price target from $65 to $64.
October 31, 2024 | 5:38 pm
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Barclays analyst Ross Sandler maintains an Overweight rating on eBay, indicating a positive outlook, but slightly lowers the price target from $65 to $64, suggesting a minor adjustment in expected valuation.
The Overweight rating suggests continued confidence in eBay's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact on the stock price as the overall positive sentiment is maintained.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100