Susquehanna Remains Positive on eBay (EBAY) Ahead of 1Q Report
Susquehanna reiterated a Positive rating and $36.00 price target on eBay (NASDAQ: EBAY) ahead of the company's 1Q earnings report. EBAY reports earnings on Wednesday after the market close.
Analyst Shyam Patil expects EBAY to report a relatively in-line 1Q and believes that the near-term focus remains on buyer growth trends and progress with structured data. Susquehanna continues to believe that the stock is attractive for longer-term-oriented investors, as solid FCF, strong capital returns, and steady growth rates should provide share price upside into at least the mid-to-high $30s with limited downside risk.
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Shares of eBay closed at $34.44 yesterday.