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eBay (EBAY) Target Raised to $64 at BofA/Merrill Lynch After Form 10 Filed; Sees Positive Risk-Reward

Go back to eBay (EBAY) Target Raised to $64 at BofA/Merrill Lynch After Form 10 Filed; Sees Positive Risk-Reward

eBay (EBAY) PT Lifted to $65 at Baird Following PayPal Registration Statement

February 26, 2015 8:26 AM EST

Baird analyst Colin Sebastian boosted his price target on Outperform-rated eBay (NASDAQ: EBAY) to $65.00 (from $61.00) after the long-awaited PayPal spin-off statement was filed.

Sebastian commented, "Yesterday evening, eBay filed Form 10 registration statement detailing the carve-out of PayPal, with updated financial metrics reflecting corporate... More