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Fly News Breaks for April 25, 2016
EBAY
Apr 25, 2016 | 07:16 EDT
Canaccord said they are slightly cautious regarding EBay's opportunity for growth to re-accelerate in a sustained fashion, but indicators suggest Q1 should be a solid quarter. The firm acknowledged the company has generally stable margins, produces solid free cash flow, and thus sees limited downside to the shares. Canaccord reiterated its Buy rating and $26 price target on eBay shares.
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