eBay price target raised to $70 from $62 at Baird

Baird raised the firm’s price target on eBay to $70 from $62 and keeps an Outperform rating on the shares. The firm said they remain constructive on shares and call it a Baird top value idea for 2024, even as there may be less near-term upside potential after the 50% move year-to-date reflecting improving investor sentiment and brighter prospects for growth.