In a report published Friday, Cantor Fitzgerald initiated coverage on eBay EBAY with a Hold rating and $48.00 price target.
Cantor Fitzgerald noted, “We are initiating coverage of eBay with a HOLD rating and a $48 price target. The improving Marketplace fundamentals, supported by PayPal's healthy growth and synergies from GSI, are key reasons to like the name. Our HOLD rating is valuation-based, given the 54% run-up YTD.”
eBay closed on Thursday at $49.96.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in