Barclays Raises Number on eBay (NASDAQ: EBAY); Continued Strength Across All Businesses

Barclays maintains an 'Equalweight' on eBay (NASDAQ: EBAY) price target raised from $37 to $41.

Analyst, Anthony DiClemente, said, "eBay's posted impressive 1Q12 results which were a beat on the top and bottom lines driven by strong performance from Payments, the Marketplace business, and GSI Commerce. Management raised FY2012 guidance on the top and bottom line to reflect stronger expected operating performance." (Barclays raises FY12 EPS from $2.29 to $2.35)

For an analyst ratings summary and ratings history on eBay click here. For more ratings news on eBay click here.

Shares of eBay closed at $35.87 yesterday.

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