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Fly News Breaks for July 26, 2016
WMT, GOOGL, GOOG, BABA, EBAY
Jul 26, 2016 | 07:16 EDT
Citi analyst Mark May calls eBay (EBAY) one of the more likely targets in his coverage universe. Following the company's recent business turnaround, a buyer with interest would likely want to get ahead of a potential beat and raise cycle, May tells investors in a research note. He believes a "wide range of companies" could have an interest in acquiring eBay, including foreign e-commerce companies like Alibaba (BABA), digital media companies interested in adding transactional capabilities like Alphabet (GOOG, GOOGL), retail names looking to strengthen their digital footprint like Wal-Mart (WMT), and private equity firms. May says eBay is the "often forgotten about large-cap Internet company." He keeps a Buy rating on the shares with a $34 price target. The stock closed yesterday up 19c to $30.68.
News For EBAY;BABA;GOOG;GOOGL;WMT From the Last 2 Days
GOOGL
Mar 27, 2024 | 15:57 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. GOVERNMENT SCRUTINY: The Biden... To see the rest of the story go to thefly.com. See Story Here
BABA
Mar 26, 2024 | 16:25 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
GOOGL, GOOG
Mar 26, 2024 | 13:46 EDT
Shares of Reddit (RDDT) jumped again in Tuesday trading as they extended their run following the launch of options on the stock the day before. Of note, the... To see the rest of the story go to thefly.com. See Story Here
BABA
Mar 26, 2024 | 12:08 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here