eBay (eBay) Comments Slam Internet Stocks (GRPN) (AMZN) (OSTK)
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UPDATE: UBS Upgrades Amazon.com (AMZN) to Buy
October 18, 2013 6:41 AM EDT(Updated - October 18, 2013 11:04 AM EDT)
UBS upgraded Amazon.com (NASDAQ: AMZN) from Neutral to Buy with a price target of $385.00 (from $305.00).
Analyst Eric J. Sheridan said, "We are upgrading shares of Amazon from Neutral to Buy & taking our PT to... More
Needham & Company Sees eBay (EBAY) Stock Weighed Down Post Q3 Results, Guidance
October 17, 2013 7:25 AM EDTNeedham & Company analyst Kerry Rice weighed in on eBay (NASDAQ: EBAY) following Q3 results, calling the number "decent" but Q4 guidance "weak."
"While the company reported an overall decent quarter, our concerns about Marketplace growth remain, particularly in light of management's grim... More
eBay (EBAY) Tops Q3 EPS by 1c, PayPal Revs Up 19%; Q4 Outlook Lighter than Views
October 16, 2013 4:17 PM EDT(Updated - October 16, 2013 4:44 PM EDT)
eBay, Inc. (Nasdaq: EBAY) reported Q3 EPS of $0.64, $0.01 better than the analyst estimate of $0.63. Revenue for the quarter came in at $3.89 billion versus the consensus estimate of $3.9 billion.
PayPal delivered a strong third quarter performance with revenue increasing 19% to $1.6 billion. PayPal... More
