Fly News Breaks for February 25, 2020
Feb 25, 2020 | 09:04 EDT
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.
News For EBAY From the Last 2 Days