Canaccord Genuity Downgrades eBay (EBAY) to Hold
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Wedbush Downgrades eBay (EBAY) to Neutral
October 1, 2014 7:27 AM EDTWedbush downgraded eBay (NASDAQ: EBAY) from Outperform to Neutral with a price target of $62.00 (from $65.00). The stock was also removed from its Best Ideas List. Yesterday eBay said it would spin off PayPal. Analyst Gil Luria we believe shares are now more fully reflect the value of PayPal.
"We believe the... More
Jefferies Downgrades eBay (EBAY) to Hold on PayPal Spin-Off
October 1, 2014 6:43 AM EDTJefferies downgraded eBay (NASDAQ: EBAY) from Buy to Hold while maintaining a price target of $59.00.
The Jefferies US Internet Team commented, "After 2.5 months of active involvement by Carl Icahn and years of varying degrees of on/off debate and consideration of a possible... More
RBC Capital Positive on eBay (EBAY) PayPal Spin-Off
September 30, 2014 12:37 PM EDTRBC Capital analyst Mark Mahaney weighed in on eBay (NASDAQ: EBAY) amid news the company will spin-off PayPal, after initially resisting the move. Mahaney views the news as a positive for the stock.
Mahaney cited six keys: 1) Not terribly surprising given... More
Carl Icahn 'Happy' With eBay (EBAY) PayPal Spin-Off News
September 30, 2014 11:27 AM EDTCarl Icahn said he is "happy" about eBay (NASDAQ: EBAY) plans to spin-off PayPal.
Below is a statement from Mr. Icahn regarding this morning's announcement by eBay Inc. of its plan to separate the companys eBay and PayPal businesses into independent publicly traded companies:
We are happy that eBays board... More
eBay (EBAY) PT Bumped to $57 at Susquehanna on PayPal Spin
September 30, 2014 11:13 AM EDTSusquehanna analyst Brian Nowak bumped his price target on eBay (NASDAQ: EBAY) to $57.00 (from $52.00) following the PayPal spin-off news but maintained a Neutral rating.
"This marks a notable change from eBay's recurring tone this year that the assets are "better... More
