RBC Capital analyst Mark Mahaney lowered his price target on eBay to $34 and kept his Sector Perform rating, adjusting his model after the company's completed sale of StubHub to viagogo for $4.05B. The analyst also believes that eBay's near-term Marketplace fundamental demand trends will remains muted, but he remains positive on its Payments and Promoted Listings initiatives, calling them "key growth opportunities" for the company this year.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
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).