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Fly News Breaks for October 20, 2016
EBAY
Oct 20, 2016 | 08:24 EDT
Susquehanna analyst Shyam Patil said the turnaround at eBay is on track and said investors should buy the shares on a dip. The analyst sees upcoming catalysts including strong capital returns, asset monetization, solid free cash flow, and improving growth rates. Patil reiterated his Positive rating and raised his price target to $38 from $34 on eBay shares.