eBay price target raised to $110 from $95 at Susquehanna

Susquehanna raised the firm’s price target on eBay (EBAY) to $110 from $95 and keeps a Neutral rating on the shares. The firm said they reported a solid 1Q, driven by strength in the US and across the company’s strategic priorities and focus categories. The outlook was generally fine, though some macro headwinds remain, especially internationally. Susquehanna views the risk/ reward as balanced.