UBS Raises eBay Price Target to $110: Is the Online Marketplace Veteran a Quiet Winner?
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Some financial outlets are reporting that UBS has raised eBay's price target, with one outlet stating it has been raised to $110, while another outlet reports that UBS has actually cut eBay's stock price target. There are also reports of other financial institutions adjusting their price targets for similar e-commerce companies, including Etsy. The outlook for eBay and other e-commerce companies appears uncertain, with some reports citing momentum ahead of earnings and others noting potential macroeconomic challenges.
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