UBS analyst Eric Sheridan said eBay reported solid Q1 results, which painted an improving trend in user growth and U.S. GMV trends. The analyst said guidance continues to be framed in terms of necessary investments in traffic/user growth, structured data, and advertising business transition. Sheridan continues to view eBay as a Buy, citing improving core operations, capitol allocation, and further value realization for its faster growing businesses. Sheridan has a $38 price target on eBay shares.
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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).