Market Overview

Susquehanna Reiterates Positive on eBay Following News of Potential Acquisition of Braintree

Related EBAY
Keefe, Bruyette & Woods Is Not Entirely Surprised By eBay Inc Separation Announcement
Top Performing Industries For September 30, 2014
The Mobile Messaging War: And the Winner is … (Fox Business)

In a report published Tuesday, Susquehanna International Group analyst Brian Nowak reiterated a Positive rating and $65.00 price target on eBay (NASDAQ: EBAY).

In the report, Susquehanna International Group noted, “We estimate the potential acquisition would bring approximately 5% incremental TPV and revenue to PayPal. The deal would also give PayPal access to Braintree's fast-growing, next generation start-up companies and enhance PayPal's mobile payment portfolio. That said, it also raises questions around the innovation and competitive advantage of PayPal's core products.”

eBay closed on Monday at $54.76.

Latest Ratings for EBAY

DateFirmActionFromTo
Sep 2014Canaccord GenuityDowngradesBuyHold
Sep 2014Piper JaffrayDowngradesOverweightNeutral
Jul 2014Canaccord GenuityMaintainsBuy

View More Analyst Ratings for EBAY
View the Latest Analyst Ratings

Posted-In: Brian Nowak Susquehanna International GroupAnalyst Color Reiteration Analyst Ratings

 

Related Articles (EBAY)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters