eBay Inc. Reports Third Quarter 2016 Results
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Wedbush Cuts Price Target on eBay (EBAY) Following 3Q Beat
October 20, 2016 7:46 AM EDTWedbush maintained a Neutral rating on eBay (NASDAQ: EBAY), and cut the price target to $33.00 (from $34.00), following the company's 3Q earnings report. Revenue of $2.22b grew 8% YoY FXN and topped consensus of $2.19 billion and the guidance range of $2.16-2.19b. Non-GAAP EPS of $0.45... More
Needham & Company Remains Sidelined on eBay (EBAY) Following 3Q Report
October 20, 2016 7:07 AM EDTNeedham & Company reiterated a Hold rating on eBay (NASDAQ: EBAY) following the company's 3Q earnings report. eBay reported GMV of $20.1B, up 3% y/y or 5% ex-FX, and revenue of $2.2B, up 6% y/y or 8% ex-FX, slightly ahead of consensus estimates. eBay posted non-GAAP EPS of $0.45 for 3Q16,... More
eBay (EBAY) Turnaround on Track, Buy the Dip - Susquehanna
October 20, 2016 6:59 AM EDTSusquehanna analyst Shyam Patil reiterated a Positive rating and boosted his price target on eBay (NASDAQ: EBAY) to $38.00 (from $34.00) following results, the analyst said progress remains on track and is telling clients to buy the dip.
Patil highlighted:
Our thoughts going forward and upcoming catalysts. The turnaround remains on track and we would be buyers on the dip. As we have mentioned before, our Positive... MoreeBay (EBAY) PT Bumped to $32 at RBC Following 'Mixed' Qtr
October 20, 2016 6:40 AM EDTRBC Capital analyst Mark Mahaney bumped his price target on eBay (NASDAQ: EBAY) to $32.00 (from $31.00) following mixed Q3 results but maintained an Sector Perform rating.
Keys for the quarter:
1) Overall GMV Trends Neutral 3% U.S. GMV growth was a surprising... More
