(AFX UK Focus) 2009-09-15 14:35 UPDATE 1-Ebay shares gain after Piper Jaffray upgrade (Interactive Investor)

NEW YORK, Sept 15 (Reuters) – EBay Inc shares rose on Tuesday after Piper Jaffray upgraded the stock of the online auctioneer, citing improved Web traffic and improved customer satisfaction with its website. The shares rose 4.3 percent to $24.84 in premarket trading. “We are upgrading shares of eBay to overweight from underweight based on our quarterly eCommerce survey which suggests recent …

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