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eBay price target raised to $51 from $49 at BofA

BofA raised the firm’s price target on eBay to $51 from $49 and keeps a Neutral rating on the shares after Q4 revenue and EPS beat estimates and the company issued a “solid” revenue outlook for Q1. For 2024, the firm raised its revenue forecast “slightly” and raised its EPS forecast by 5% to $4.64.

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