Piper Sandler raised the firm’s price target on eBay (EBAY) to $67 from $64 and keeps an Overweight rating on the shares. Despite shares under pressure after market, eBay seems largely on track, the firm says. Gross merchandise volume grew again this quarter and looks to remain positive in 2025. The capital return program remains in place with $2.25BN repurchased year-to-date, Piper adds.
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>>
Read More on EBAY: