Jefferies' Top Questions/Topics For EBAY Analyst Day

eBay Inc.

will host its 2011 Analyst Day in CA on Thursday, Feb. 10th, Jefferies reports. “In this note, we list the top 7 questions/topics we believe are most pertinent to the name," Jefferies writes. “We maintain a Buy rating on eBay shares.” Jefferies' number-one pick: “Paypal's CAGR likely to remain at 20%+ for several more years.” “At the last AD back in early 2009, mgt made the bold prediction that Paypal revenues would be $4-5B in 2011, almost double their 2008 level, a prediction we believe will come true as we estimate Paypal will hit the higher-end of that range by year-end,” Jefferies writes. “At this week's AD, mgt will have the opportunity to update that prediction, and we believe that they'll "guide" to several more years of 20%+ CAGR, higher than the ~17% we believe is baked into consensus estimates. We expect mgt to reiterate that they have no plans to spin out Paypal near-term.” eBay Inc. closed Friday at $32.21.