eBay (EBAY) Tops Q2 EPS by 1c; Boosts Outlook, $2.5B Added to Buyback

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Mizuho Securities Remains Sidelined on eBay (EBAY) Following Solid 2Q Report

July 21, 2016 7:34 AM EDT

Mizuho Securities reiterated a Neutral rating on eBay (NASDAQ: EBAY), and raised the price target to $31.00 (from $26.00), following the company's 2Q earnings report. The company reported net revenue of $2.2b which was 3% above consensus. Non-GAAP EPS of $0.43 beat the Street estimate of $0.42.

Analyst Neil Doshi... More

eBay (EBAY) PT Raised to $34 at Susquehanna as Turnaround Gains Momentum

July 21, 2016 6:38 AM EDT

Susquehanna analyst Shyam Patil reiterated a Positive rating and raised its price target on eBay (NASDAQ: EBAY) to $34.00 (from $32.00), following strong 2Q beat with accelerating growth and increased 2016 guidance show the turnaround is gaining steam.

Patil highlighted:

Our thoughts going forward and upcoming catalysts. We were pleasantly surprised by the 2Q strength (in light of ChannelAdvisors cautious data) and 2016 guidance increase given the anticipated Brexit impact. While our Positive... More

eBay (EBAY) PT Raised to $35 at Baird; 'Green Shoots' Emerging

July 21, 2016 6:26 AM EDT

Baird analyst Colin Sebastain reiterated an Outperform rating and raised its price target on eBay (NASDAQ: EBAY) to $35.00 (from $30.00) as q2 results show 'green shoots' emerging.

Sebastain commented, ""Green shoots" evident in Q2 performance, but pace of improvement likely gradual. eBay Q2 results... More