BofA analyst Justin Post raised the firm’s price target on eBay to $54 from $52 and keeps a Neutral rating on the shares. The firm raised its GMV, revenue and non-GAAP EPS forecasts all by roughly 1% given forex tailwinds ahead of eBay’s Q2 report due after market close on July 26.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on EBAY: