100s of titles, one news app for just $10 a month.
Dive Deeper:
Piper Sandler Maintains Overweight Rating for eBay: Here's What You Need To Know
Piper Sandler has decided to maintain its Overweight rating of eBay (NASDAQ:EBAY) and lower its price target from $68.00 to…
Wells Fargo Maintains Overweight Rating for Morphic Holding: Here's What You Need To Know
Wells Fargo has decided to maintain its Overweight rating of Morphic Holding (NASDAQ:MORF) and lower its price target from $81.00…
Loop Capital Maintains Sell Rating for Wayfair: Here's What You Need To Know
Loop Capital has decided to maintain its Sell rating of Wayfair (NYSE:W) and lower its price target from $90.00 to…
Wells Fargo Maintains Underweight Rating for BP: Here's What You Need To Know
Wells Fargo has decided to maintain its Underweight rating of BP (NYSE:BP) and raise its price target from $29.00 to…
One subscription that gives you access to news from hundreds of sites
Needham Maintains Buy Rating for Twilio: Here's What You Need To Know
Needham has decided to maintain its Buy rating of Twilio (NYSE:TWLO) and lower its price target from $350.00 to $200.00.…
Mizuho Maintains Buy Rating for Avalara: Here's What You Need To Know
Mizuho has decided to maintain its Buy rating of Avalara (NYSE:AVLR) and lower its price target from $160.00 to $110.00.…
Get all your news in one place
Latest Business news:
Sydney-based startup Space Machines Company partners with SpaceX
Sydney-based in-space logistics startup Space Machines Company has partnered with Elon Musk’s SpaceX to launch its spacecraft next year. Space…
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
How a Trash-Talking Crypto Bro Caused a $40 Billion Crash
Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless…
Google’s Russian business plans to file for bankruptcy
Google says its Russian subsidiary is planning to file for bankruptcy because it can't pay staff and suppliers. Russian state…
SA moves to scrap tax on electric vehicles
South Australia's new Labor government has delivered on one of its election promises and moved to scrap plans for a…
Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’
The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system
From analysis to good news, read the world’s best news in one place
Wall Street stocks tumble following weak results from retailers
New York (AFP) - Wall Street stocks suffered one of their worst batterings since 2020 on Wednesday, as downcast earnings…
Elon Musk loses $12 billion in a day as he tweets politics, slams ESG
Elon Musk said he’d supported Democrats in the past because “they were (mostly) the kindness party,” but has now changed…

Wells Fargo Maintains Equal-Weight Rating for eBay: Here's What You Need To Know

By Benzinga Insights

Wells Fargo has decided to maintain its Equal-Weight rating of eBay (NASDAQ:EBAY) and lower its price target from $65.00 to $58.00.

Shares of eBay are trading up 1.98% over the last 24 hours, at $48.99 per share.

A move to $58.00 would account for a 18.39% increase from the current share price.

About eBay

eBay operates one of the largest e-commerce marketplaces in the world, with $87 billion in 2021 gross merchandise volume, or GMV, rendering the firm the sixth- largest global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 147 million buyers and roughly 20 million sellers across almost 190 global markets. eBay generates just north of 50% of its GMV in international markets, with a large presence in the U.K., Germany, and Australia.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Piper Sandler Maintains Overweight Rating for eBay: Here's What You Need To Know
Piper Sandler has decided to maintain its Overweight rating of eBay (NASDAQ:EBAY) and lower its price target from $68.00 to…
Wells Fargo Maintains Overweight Rating for Morphic Holding: Here's What You Need To Know
Wells Fargo has decided to maintain its Overweight rating of Morphic Holding (NASDAQ:MORF) and lower its price target from $81.00…
Loop Capital Maintains Sell Rating for Wayfair: Here's What You Need To Know
Loop Capital has decided to maintain its Sell rating of Wayfair (NYSE:W) and lower its price target from $90.00 to…
Wells Fargo Maintains Underweight Rating for BP: Here's What You Need To Know
Wells Fargo has decided to maintain its Underweight rating of BP (NYSE:BP) and raise its price target from $29.00 to…
One subscription that gives you access to news from hundreds of sites
Needham Maintains Buy Rating for Twilio: Here's What You Need To Know
Needham has decided to maintain its Buy rating of Twilio (NYSE:TWLO) and lower its price target from $350.00 to $200.00.…
Mizuho Maintains Buy Rating for Avalara: Here's What You Need To Know
Mizuho has decided to maintain its Buy rating of Avalara (NYSE:AVLR) and lower its price target from $160.00 to $110.00.…
Get all your news in one place