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eBay price target raised to $100 from $87 at UBS

UBS raised the firm’s price target on eBay (EBAY) to $100 from $87 and keeps a Neutral rating on the shares ahead of the October 29 earnings report. While consumer-to-consumer and focus categories could drive upside, the key question remains whether eBay can sustain GMV growth beyond this year’s acceleration, with shares already pricing in low-single-digit gains, the analyst tells investors in a research note.

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