Argus Upgrades eBay (EBAY) to Buy, $32 Price Target
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Argus Research upgrades eBay (Nasdaq: EBAY) from Hold to Buy. The firm sets a $32 price target.
The upgrade follows Wednesday night's Q3 earnings and the subsequent 4.2% drop yesterday. This morning, with blow-out earnings from Microsoft pushing up the Nasdaq, shares of eBay are trading up about 0.7% to $24.13 in the pre-market session.
Visit our Analyst Ratings page to see all the upgrades/downgrades on shares of eBay.
eBay Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally.
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