EBay up, price target raised

Canaccord Genuity raised its target price on the online auction site's shares to 56 from 50 and said EPS in '13 could hit $3 on a "breakout" by PayPal. The analyst said eBay's Q4 results would be "solid." He says fixed-price gross merchandise value will be key for eBay (EBAY) in '13."We believe there is still room for modest earnings upside," he wrote. Shares rose 5.1% to 53.59.