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Fly News Breaks for August 1, 2016
EBAY
Aug 1, 2016 | 07:34 EDT
Baird said despite "green shoots" during Q2, the pace of improvement is likely to remain gradual for eBay. The firm said a new ad campaign could help improve brand awareness and that overall the shares represent good value in large-cap internet amid ongoing positive secular e-commerce growth trends. Baird reiterated its Outperform rating and $35 price target on eBay shares.
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