eBay price target raised to $89 from $75 at Stifel

Stifel raised the firm’s price target on eBay (EBAY) to $89 from $75 and keeps a Hold rating on the shares as part of a broader research note previewing Q3 results in e-commerce. The firm is comfortable with Q3 numbers, but comps get slightly tougher exiting the year, with trading cards highlighted as part of the story, though FX is likely to be a tailwind through the end of year, the analyst tells investors in a research note.