eBay price target raised to $52 from $43 at Susquehanna

Susquehanna raised the firm’s price target on eBay to $52 from $43 and keeps a Neutral rating on the shares. The firm said they reported a generally solid 4Q, though management cited some macro challenges in the company’s three largest markets thus far in 1Q and the firm continues to believe the revamped strategy will take some time to play out.