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eBay (EBAY): Promoted Listings Can Contribute $700M In Profit, Raising PT - BMO

Go back to eBay (EBAY): Promoted Listings Can Contribute $700M In Profit, Raising PT - BMO

eBay (EBAY) PT Raised to $38 at Jefferies Following 3Q Report

October 19, 2017 9:44 AM EDT

Jefferies raised its price target on eBay (NASDAQ: EBAY) to $38.00 (from $36.00) while maintaining a Hold rating following the company's 3Q earnings report. Net revenue of $2.41B was slightly above the high end of guidance and consensus estimates of $2.37B. Adjusted EBITDA came... More