eBay analyst day guidance beats expectations, says Goldman

theflyonthewall.com

Goldman said eBay's analyst day on Thursday focused on its significant growth opportunities as consumer purchases evolve and merge between online, mobile, and in-store shipping. The firm believes eBay's growth potential is underappreciated and expects Marketplaces to benefit from accelerating eCommerce growth and improved user experience. Shares are Conviction Buy rated with a $63 price target.

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