Aegis analyst Victor Anthony initiated eBay with a Buy and a a $36 price target. Anthony said the core marketplace is stabilizing, StubHub is executing, the Classifieds businesses is continuing to grow at a double-digit pace, and management is returning capital through aggressive share repurchases. The analyst believes approximately $5B-$7.5B, or $4-$7 per-share, of value could be potentially unlocked with StubHub and Classifieds and views valuation as un-demanding.
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Unusual total active option classes on open include: Wrap Technologies (WRAP), AstraZeneca (AZN), JetBlue (JBLU), United Continental (UAL), Taiwan Semi (TSM), Nokia (NOK), EBay (EBAY), Maplebear Inc (CART), Airbnb (ABNB), and UnitedHealth (UNH).