Home / ebay / EBay gets a lift after Stifel raises rating to buy

EBay gets a lift after Stifel raises rating to buy

SAN FRANCISCO (MarketWatch) — EBay Inc. shares rose Monday by 1.2% to $55.49 after Stifel Nicolaus analyst Scott Devitt raised his rating on the e-commerce company to buy from hold. In a research note, Devitt called eBay "the real deal in the U.S. e-commerce sector," and said that the company's upcoming spinoff off of its PayPal payments business "could be a significant catalyst for its [eBay's …

More: continued here

About admin

Check Also

This Year’s ‘Power Lunch’ With Warren Buffett Sold For $3.3M on eBay – Observer

Observer This Year's 'Power Lunch' With Warren Buffett Sold For $3.3M on eBayObserverAn anonymous buyer …

Leave a Reply

Your email address will not be published. Required fields are marked *