Evercore ISI Downgrades eBay (EBAY) to Sell – StreetInsider.com (subscription)

Evercore ISI Downgrades eBay (EBAY) to Sell
StreetInsider.com (subscription)
In this report, we examine eBay's PayPal, ultimately concluding that its increased competitive risks outweigh potential rewards. The result is a lower rating on a more conservative eBay valuation ($49 from $52), which reflects below-consensus estimates.".

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