UBS Maintains Neutral on eBay, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Kunal Madhukar has maintained a Neutral rating on eBay and lowered the price target from $72 to $66.
October 31, 2024 | 7:29 pm
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NEGATIVE IMPACT
UBS analyst Kunal Madhukar has maintained a Neutral rating on eBay and lowered the price target from $72 to $66, indicating a less optimistic outlook.
The lowering of the price target by UBS suggests a less optimistic view on eBay's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100