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Fly News Breaks for July 19, 2018
EBAY
Jul 19, 2018 | 08:47 EDT
Stifel analyst Scott Devitt noted that, "as feared," eBay modestly reduced its full-year revenue guidance, but also said it expects core GMV acceleration in the second half. While he thinks the risk/reward profile is becoming more attractive, Devitt keeps a Hold rating on eBay and trimmed his price target on the stock to $43 from $44.
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