Market Overview

UPDATE: Cantor Fitzgerald Initiates Coverage on eBay with Hold Rating, $48 PT

Share:
Related EBAY
Benzinga's Top Upgrades, Downgrades For January 12, 2018
Cowen Turns Bullish On PayPal, Says 'Better Later Than Never'
Investment Ideas In Quality Stocks (Seeking Alpha)

In a report published Friday, Cantor Fitzgerald initiated coverage on eBay (NASDAQ: 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.

Latest Ratings for EBAY

DateFirmActionFromTo
Jan 2018SunTrust Robinson HumphreyUpgradesHoldBuy
Dec 2017Evercore ISI GroupInitiates Coverage OnIn-Line
Dec 2017BMO CapitalUpgradesMarket PerformOutperform

View More Analyst Ratings for EBAY
View the Latest Analyst Ratings

Posted-In: Cantor FitzgeraldAnalyst Color Initiation Analyst Ratings

 

Related Articles (EBAY)

View Comments and Join the Discussion!