Merrill Lynch Downgrades eBay (EBAY) to Neutral
More News related to EBAY
- Skype Offers Subscriptions, Products, Features for Students Worldwide
- Governor Palin Gives eBay (EBAY) A Shout Out In RNC Speech
- EBAY CFO Bob Swan says PayPal 'On Track' for $2.5 Billion in Revenue This Year - Bloomberg
- Mark Carges Joins eBay To Lead Global Platform Development
- StubHub FanStats(SM) -- StubHub Reveals the Hottest NFL Home Openers
Merrill Lynch downgrades eBay (Nasdaq: EBAY) from Buy to Neutral and lowered their price target from $39 to $30, saying a turnaround is less likely.
NOTE: eBay is down 14% this AM after results and guidance after the close. A total of four brokers downgraded the stock so far today.
Related Categories
DowngradesStocks Mentioned
-0.04Related Entities
Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
eBay
Tippie on Jul 17, 2008 10:03 AMI believe eBay is another ENRON waiting to happen. I think eBay fudge their numbers big time. eBay talks out of both sides of their mouth. Analysts are co-horts . Loyal Shareholders make nothing on this stock. Would not suprise me one bit if Lynch is buying up this stock right now. lol.