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Fly News Breaks for July 21, 2016
EBAY
Jul 21, 2016 | 08:28 EDT
Baird analyst Colin Sebastian raised his price target on eBay to $35 from $30 citing evidence of "green shoots" in the company's Q2 performance. The analyst noted the pace of improvement is likely to be gradual, but should be driven by improving U.S. marketplace growth and continued StubHub outperformance. Sebastian reiterated his Outperform rating on eBay shares.
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