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Traders bid up eBay after downgrade
CNBC Piper Jaffrey said the eBay unit PayPal is facing increasing competition. First, it was Apple Pay. And now, Facebook, Samsung and regular banks are getting in on the act. Also, Paypal does not have an emerging presence in brick and mortar stores like … Piper Jaffray's Munster Downgrades eBay (EBAY) to Underweight Call of the day: Ebay Overheard: PayPal Needs More Pals |
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