Wells Fargo Maintains Equal-Weight on eBay, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on eBay and lowered the price target from $63 to $62.

November 01, 2024 | 6:38 pm
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Wells Fargo has maintained an Equal-Weight rating on eBay and slightly lowered the price target from $63 to $62, indicating a neutral stance with a minor downward adjustment.
The maintenance of an Equal-Weight rating suggests that Wells Fargo sees eBay's stock as fairly valued at current levels. The slight reduction in the price target from $63 to $62 indicates a minor negative adjustment in expectations, which could lead to a slight downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100