Tag Archives: ebay

Technology Stock Roundup: eBay and H-P Splitting Business – Analyst Blog

Last week, eBay ( EBAY ) announced its decision to separate PayPal from its marketplaces business and Hewlett Packard ( HPQ ) followed soon after, announcing the spin off of its personal computing and printing business unit. eBay Sets

EBay Price Target Raised On M&A Possibility

The chances of eBay (EBAY) and/or PayPal being acquired after the former spins off the latter prompted Goldman Sachs to raise its price target on eBay stock. Goldman analyst Heath Terry noted in a research report late Wednesday that the plan to spin off PayPal into an independent, publicly traded company makes both PayPal and eBay attractive acquisition candidates, justifying an increase in eBay’s price target. Goldman Sachs rates eBay stock a

Analysts Pull EBay Buy Ratings On PayPal Spinoff News

EBay’s announcement that it’s spinning off PayPal into a separately traded company triggered a slew of analyst downgrades. JPMorgan, Jefferies, Wedbush and other investment houses lowered their buy ratings — or the equivalent — on eBay (EBAY) stock. Jefferies cut its rating on eBay to hold, citing valuation and increased near-term uncertainty in the wake of the spinoff announcement. “We see limited upside from current levels, and we’d rather hold