Jefferies Sees Strong Q3 from eBay (EBAY)
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Price: $30.34 -0.95%
Rating Summary:
14 Buy, 10 Hold, 0 Sell
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Rating Summary:
14 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Jefferies reiterated their Buy rating and $43 price target on eBay (NASDAQ: EBAY) ahead of results on Wednesday, October 19.
The firm expects results to top expectations, with checks pointing to a strengthening Marketplace and robust Payments. The firm said while FX volatility/macro pose a risk to guidance, "we see an upside bias to 4Q/FY11 estimates still, and remain positive on eBay into earnings."
For more ratings news on eBay click here and for the rating history of eBay click here.
Shares of eBay closed at $33.69 yesterday.
The firm expects results to top expectations, with checks pointing to a strengthening Marketplace and robust Payments. The firm said while FX volatility/macro pose a risk to guidance, "we see an upside bias to 4Q/FY11 estimates still, and remain positive on eBay into earnings."
For more ratings news on eBay click here and for the rating history of eBay click here.
Shares of eBay closed at $33.69 yesterday.
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