Morgan Stanley Opens 30-Day Research Tactical Idea on eBay

By Joe Young
Benzinga Staff Writer
December 06, 2011 9:16 AM

Symbols: EBAY

Posted in: Analyst Color, Short Ideas, Pre-Market Outlook, Analyst Ratings, Trading Ideas

Morgan Stanley has opened a Research Tactical Idea on eBay (NASDAQ: EBAY) believing that the share price will rise over the next 30 days, stating in its report that "We estimate that there is about an 80%+ or "highly likely" probability for the scenario."

Morgan Stanley maintains its Overweight rating on eBay, which closed yesterday at $30.70.

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Morgan Stanley Opens 30-Day Research Tactical Idea on eBay

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