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