Will This Price Target Cut Hurt eBay (EBAY) Stock Today?

NEW YORK (TheStreet) — eBay  stock has had its price target cut to $64 from $67, UBS said Wednesday. The firm said the revision was a valuation call based on its weighted average framework (EV/Sales, EV/EBITDA, EV/FCF) applied to 2013-2015 estimates. Must Read: Warren Buffett's 10 Favorite Growth Stocks STOCKS TO BUY: …

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EBay reports $2.3 billion loss on tax charge – USA TODAY

EBay reports $2.3 billion loss on tax chargeUSA TODAYSAN FRANCISCO — Online marketplace operator eBay reported a first-quarter loss of $2.3 billion Tuesday due to a tax charge on foreign earnings. Wall Street had expected the company to report earnings of 67 cents per share excluding the charge. More: continued …

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