EBay Shares Rise Following Bernstein Upgrade, Two Other Investment Firms Raising Price Targets

MT Newswires Live11-06

EBay (EBAY) shares were 1.6% higher in recent Tuesday trading after Bernstein upgraded the digital marketplace's rating and two other investment firms raised their price targets on the company's stock.

Bernstein raised its rating to outperform from market perform, with a $70 price target.

Truist Securities bumped its price target for eBay to $62 from $58 and maintained its hold rating for the stock, while Mizuho Securities raised its price target to $60 from $55 and kept its neutral rating for eBay.

Price: 61.22, Change: +0.99, Percent Change: +1.64

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