Mizuho analyst James Lee raised the firm’s price target on eBay to $48 from $45 and keeps a Neutral rating on the shares post the Q1 results. The company’s gross merchandise volume beat expectations due to continued product improvements and good execution, the analyst tells investors in a research note. The firm says eBay is showing resilient GMV growth despite macro challenges.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on EBAY: