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Fly News Breaks for July 21, 2016
EBAY
Jul 21, 2016 | 08:25 EDT
After eBay reported stronger than expected Q2 results, JMP Securities believes that the company's new products and services appear to be raising its conversion rates. The firm thinks that the company's investments are improving the user experience. The firm finds the Q2 results encouraging, but it says that the turnaround remains in its early stages, while the stock's risk/reward is "balanced." It keeps a Market Perform rating on the shares.
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