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Fly News Breaks for June 17, 2019
EBAY
Jun 17, 2019 | 09:08 EDT
Baird analyst Colin Sebastian said his proprietary eBay tracker showed continued softness for May. The data suggests growth headwinds and he believes the new taxes on small business sellers will continue to have an impact on eBay's merchant base, further driving ongoing softness. Sebastian maintained his Outperform rating and $44 price target on eBay shares.
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