eBay price target lowered to $64 from $65 at Barclays

Barclays lowered the firm’s price target on eBay (EBAY) to $64 from $65 and keeps an Overweight rating on the shares. The company reported revenue and earnings that were broadly in-line and guided Q4 below consensus, the analyst tells investors in a research note. The firm says the overall story remains unchanged, as eBay shares “look cheap and buybacks should provide investors with some margin of safety on this temporary stumble.”