Deutsche Bank Maintains Buy on eBay, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lee Horowitz maintains a Buy rating on eBay but lowers the price target from $70 to $63.
November 01, 2024 | 5:52 pm
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Deutsche Bank has maintained its Buy rating on eBay but has reduced the price target from $70 to $63, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in eBay's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100