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Fly News Breaks for August 13, 2019
EBAY
Aug 13, 2019 | 07:27 EDT
Baird analyst Colin Sebastian said his proprietary survey of eBay data suggests July saw a sequential improvement in volume from a weaker June. The analyst said while July volumes are still down year-over-year, he thinks the data suggests there is some conservatism embedded in management's cautious Q3 outlook. Sebastian maintained his Outperform rating and $46 price target on eBay shares.
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EBAY
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