EBay downgraded to underweight on PayPal competition – MarketWatch

EBay downgraded to underweight on PayPal competitionMarketWatchNEW YORK (MarketWatch) – eBay EBAY, -1.14% was downgraded to underweight from neutral at PiperJaffray Thursday morning due to its negative exposure to the burgeoning mobile payments market. Rapidly emerging competition in the space from the … More: continued here

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