|Bid||42.79 x 800|
|Ask||42.80 x 1100|
|Day's Range||42.20 - 43.00|
|52 Week Range||31.89 - 46.99|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of eBay Inc. are up 1.5% in Friday morning trading after analysts at Credit Suisse raised their price target to $60 from $51. The new target is the highest among Wall Street analysts surveyed by FactSet. "As we look to the next five years of eBay's growth, we draw parallels with its global marketplaces platform peers in the form of Alibaba as well as MercadoLibre as we focus on its newly-announced payments [initiatives] as well as the potential for its advertising businesses," wrote the analysts, led by Stephen Ju.
Twitter (TWTR) generated investor returns of -15.7% in the trailing-one-month period and 101.1% in the trailing-12-month period. TWTR stock rose 2.4% in the trailing-five-day period.
eBay's (EBAY) first-quarter 2018 results are likely to benefit from the company's re-platforming and brand enhancement initiatives.
Korn/Ferry International, Manitowoc, eBay, Morgan Stanley and PayPal highlighted as Zacks Bull and Bear of the Day
Shares of eBay (EBAY) have climbed 23% over the last year, and Morgan Stanley (MS) analysts just recently "double upgraded" the stock. With that said, investors must still consider how eBay is expected to perform in the first quarter, as Q1 will likely have a greater impact on eBay's near-term price movement than Morgan Stanley's positive long-term outlook.
Wall Street investment bank KeyBanc Capital Markets recently upgraded its rating on eBay (EBAY) stock to “overweight” from “sector-weight.” KeyBanc sees eBay stock closing the year at $50 per share. In a research note cited by MarketWatch, analyst Ed Yruma of KeyBanc shared details on why the firm is bullish on eBay.
Although Amazon’s (AMZN) decision to open a physical bookstore in the Georgetown neighborhood may have been motivated by Washington’s underserved book market, a physical presence in Georgetown could bring more benefits to the company. Georgetown is one of the wealthiest neighborhoods in Washington, D.C., and that could mean that a good number of residents there already subscribe to the Amazon Prime program. Perhaps planting a bookstore in Georgetown could help Amazon attract more Georgetown households to Prime or capture more spending from existing Prime customers in the neighborhood.
Shares of eBay surged after Morgan Stanley upgraded the stock and boosted its price target based on its recent partnership with payment processor Adyen.
Netflix, Inc. (NASDAQ:NFLX) kicked earnings season off with a bang! The company reported yet another beat-and-raise quarter. The streaming giant topped expectations on every key metric, and NFLX stock rose to new all-time highs as a result. The murmur on the Street for the past several weeks has been that earnings season is going to save this struggling market.
The options set to expire on Jan. 18, 2019, are showing that traders are betting eBay will fall to around $35.50, a drop of about 15% from the stocks current price around $41.50, using the $37 strike price put contracts.
Amazon (AMZN) opened its first physical bookstore in Washington, DC, in March 2018. The company now boasts more than a dozen so-called Amazon Books outlets. The Washington-area bookstore also expands Amazon’s portfolio of physical stores, which now include more than 450 Whole Foods stores.
Shares of eBay Inc. are up 2.7% in Wednesday morning trading after analysts at Morgan Stanley "double upgraded" the stock to overweight from underweight. The analysts, led by Brian Nowak, wrote ...
IN THE NEWS After a slow start to the week on Monday, cryptocurrencies traded mostly flat on Tuesday, with mixed returns among major currencies: Link In a preview of how Facebook Inc. (NASDAQ: FB ) is ...
Amazon (AMZN) is preparing to release its 1Q18 results just as competition for low-income customers with legacy retailers such as Walmart (WMT) and Costco (COST) is picking up. In March, Amazon cut Prime membership fees for Medicaid recipients. With the cut, Medicaid recipients can purchase a Prime monthly plan for $5.99, instead of the regular price of $12.99 per month or $99 per year.
The bullish case for eBay Inc (NASDAQ: EBAY ) is mostly based on its shift towards its own payment system as it pulls away from Paypal Holdings Inc (NASDAQ: PYPL ) this year towards a full break-up by ...
In a research note, reported on by Reuters, Morgan Stanley upgraded eBay by two notches from "underweight" to “overweight” based on its confidence that the online auctioneer’s payments initiative can dramatically boost company profits. In February, the company announced it was switching from PayPal Holdings Inc. ( PYPL) to Dutch firm Adyen BV for payment processing. Morgan Stanley, which now identifies eBay as its top large-cap pick, slapped a $58 price target on the stock, representing 43% upside from Tuesday’s closing price of $40.61 and a 61% jump on its prior price target of $36.
Morgan Stanley analyst Brian Nowak says ebay could scale payments revenue to as much as $2.6 billion by 2021 as the online marketplace gradually replaces PayPal with a homegrown solution.