EBay shares gain on holiday sales optimism

(Reuters) – EBay Inc Inc shares rose more than 4 percent on Monday after an analyst upgraded the e-commerce company, citing strong holiday sales. Aaron Kessler, an analyst at Raymond James & Associates, raised his rating on eBay to strong buy from market perform and put a 12-month price target of $39 on the stock. EBay is changing its main online marketplace to emphasize fixed prices and quick …

More: continued here