eBay (EBAY) PT Raised to $57 at Wells Fargo

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Go back to eBay (EBAY) PT Raised to $57 at Wells Fargo

JPMorgan Reinstates eBay (EBAY) at Neutral

June 25, 2024 6:37 AM EDT

JPMorgan analyst Doug Anmuth reinstates coverage on eBay (NASDAQ: EBAY) with a Neutral rating and a price target of $60.00.

The analyst comments "Following a period of restriction, we are moving to a Neutral rating and a December 2024 price target of $60 (Neutral rating and $48 price target prior to restriction). eBay shares have outperformed, up ~24% YTD compared to the SPX +14%. As eBay continues to execute against its strategy to deliver relevant experiences, scalable solutions, and product innovations,... More