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eBay (EBAY) Stock Higher in Pre-Market Trading Today on Analyst Upgrade, Earnings Results

NEW YORK (TheStreet) — Shares of eBay Inc. are up by 2.94% to $54.95 in pre-market trading on Thursday, following a ratings upgrade to "equal-weight" from "Underweight" at Morgan Stanley. The firm said it raised its rating on the online marketplace as it believes eBay's business restructuring has offset its weak fundamentals. Morgan Stanley has a $52 price target on eBay stock. Exclusive Report …

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