Scalper1 News
EBay (EBAY) rose more than 1% on the stock market today after Stifel upgraded the company’s stock to a buy from hold and set a target price of 65. Stifel analyst Scott Devitt said in a report that he sees a “jolly” outlook for eBay in the next 12 to 18 months with limited downside risk from a spinoff of its PayPal payments unit. He estimates a “base case” of 65 for eBay stock “with the possibility of a 75 bull case if the spin is executed Scalper1 News
Scalper1 News