Piper Jaffray reraises price target to $40 from 34!
Follow me to pay day! :) LOL
More Bulls Emerge Ahead of Earnings Following bullish reports and upgrades from Merrill Lynch, Goldman Sachs and Bank of America a couple of weeks ago, Piper Jaffray analyst Aaron Kessler today raised his EBAY price target to $40 from $34. Kessler also lifted his first-quarter earnings estimate to 42 cents a share from 40 cents and his revenue forecast to $2.16 billion from $2.06 billion. This is still below my estimate but starting to get closer.