eBay (EBAY) PT Raised to $57 at Susquehanna Following Guidance Update
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eBay (EBAY) PT Raised to $44 at Cowen Following Business Update
June 5, 2020 8:42 AM EDTCowen analyst John Blackledge raised the price target on eBay (NASDAQ: EBAY) to $44.00 (from $40.00) while maintaining a Market Perform rating following an business update by management. EBAY disclosed that May GMV saw continued strength, leading the company to raise 2Q20 top line... More
eBay (EBAY) PT Raised to $46 at Mizuho Securities Following Updated guidance
June 5, 2020 8:00 AM EDTMizuho Securities analyst James Lee raised the price target on eBay (NASDAQ: EBAY) to $46.00 (from $42.00) while maintaining a Neutral rating following management's updated guidance for 2Q20 on the back of strong trends in ecommerce demand. Management guided 2Q20 GMV YoY growth rate of 23% to... More
eBay (EBAY) PT Raised to $60 at Guggenheim
June 5, 2020 7:14 AM EDTGuggenheim analyst Robert Drbul raised the price target on eBay (NASDAQ: EBAY) to $60.00 (from $45.00) while maintaining a Buy rating.
... MoreeBay (EBAY) PT Raised to $52 at BofA Securities
June 5, 2020 7:07 AM EDTBofA Securities analyst Justin Post raised the price target on eBay (NASDAQ: EBAY) to $52.00 (from $44.00) while maintaining a Neutral rating.
... MoreeBay (EBAY) PT Raised to $53 at Credit Suisse
June 5, 2020 6:19 AM EDTCredit Suisse analyst Stephen Jured raised the price target on eBay (NASDAQ: EBAY) to $53.00 (from $50.00) while maintaining a Outperform rating.... More
UPDATE: BMO Capital Downgrades eBay (EBAY) to Market Perform
June 5, 2020 5:50 AM EDT(Updated - June 5, 2020 5:56 AM EDT)
(updating ocmment)
BMO Capital analyst Daniel Salmon downgraded eBay (NASDAQ: EBAY) from Outperform to Market Perform with a price target of $52.00.
The analyst comments "We continue to see a largely positive outlook for EBAY... More
eBay (EBAY) PT Raised to $52 at Stifel, Following Earnings
June 4, 2020 1:32 PM EDTStifel analyst Scott W. Devitt raised the price target on eBay (NASDAQ: EBAY) to $52.00 (from $45.00) while maintaining a Buy rating.
... MoreeBay (EBAY) PT Raised to $59 at Baird
June 4, 2020 12:21 PM EDTBaird analyst Colin Sebastian raised the price target on eBay (NASDAQ: EBAY) to $59.00 (from $51.00) while maintaining a Outperform rating.
... MoreeBay (EBAY) PT Raised to $58 at KeyBanc
June 4, 2020 12:10 PM EDTKeyBanc analyst Edward Yruma raised the price target on eBay (NASDAQ: EBAY) to $58.00 (from $47.00) while maintaining a Overweight rating.
... MoreeBay (EBAY) PT Raised to $50 at SunTrust, Following Earnings
June 4, 2020 11:57 AM EDTSunTrust analyst Youssef H. Squali raised the price target on eBay (NASDAQ: EBAY) to $50.00 (from $40.00) while maintaining a Hold rating.
... MoreEBay raises forecasts on online boom, shares hit record high
June 4, 2020 11:08 AM EDT(Reuters) - EBay Inc (NASDAQ: EBAY) raised its current-quarter revenue and profit forecasts on Thursday, as people stuck at home due to the COVID-19 pandemic ordered more through its online platform, sending its shares to a record high.
Soaring online demand has boosted performance of e-commerce companies as well as helped traditional retailers' businesses.
... MorePre-Open Movers 06/04: (ATNM) (MWK) (EBAY) Higher; (SMAR) (CLDR) (CMTL) Lower (more...)
June 4, 2020 9:29 AM EDTPre-Open Stock Movers:
Cinedigm, (NASDAQ: CIDM) 219% HIGHER; announced a partnership with Vewd, the worlds largest Smart TV OTT software provider, offering Cinedigms portfolio of streaming entertainment networks on Vewd-enabled devices worldwide. As part of the agreement, Cinedigms networks will be available on an install base of more than 300 million Smart TVs and connected devices made by top brands such as Sony, Samsung, Skyworth, Hisense, Philips, and TiVo, among others. Additionally, Cinedigms networks will be available on more than 40 million new Vewd-powered devices shipping annually around the... More
eBay (EBAY) Raises Q2 Guidance
June 4, 2020 9:02 AM EDTeBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today is announcing that its business is performing significantly better than expectations shared in its earnings release on April 29, 2020. Due to the magnitude of this change, eBay is providing the following information as a one-time update:
Strength in global gross merchandise volume (GMV) seen in April has continued through May, and the Company now expects full Q2 volume growth rates to land between 23% and 26% as compared to the prior year period.All major... More
