TheStreet.com |
UPDATE: Morgan Stanley Upgrades eBay (EBAY) to Overweight, Issues Street High Price Target
StreetInsider.com The analyst comments "EBAY's payments, advertising, and faster GMV growth drive long-term free cash flow 60% higher as we raise our DCF-based PT to $58. We also sanity check valuation using sum of parts, where we value "core EBAY" at $49/share (up from … Ebay Shares Jump After Morgan Stanley Upgrade Linked to Payments Shakeup |
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