BMO Capital analyst Brian Pitz raised the firm’s price target on eBay (EBAY) to $120 from $107 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company’s outlook was also impressive, with Gross Merchandise Volume / Net Revenue guidance each 9% above consensus as it benefits from a spike in bullion and collectible coins, the analyst tells investors in a research note.
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Read More on EBAY:
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