JPMorgan raised the firm’s price target on eBay (EBAY) to $60 from $54 and keeps a Neutral rating on the shares. The company reported solid Q1 results and “healthy” trends Q2-to-date, the analyst tells investors in a research note. The firm says that despite continued challenging macro dynamics and U.S. tariff uncertainty, eBay remains committed to delivering low-single-digit gross merchandise volume growth and healthy shareholder returns.
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Read More on EBAY:
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- eBay’s Balanced Outlook: Solid Q1 Results Amid Operational Challenges and Macroeconomic Uncertainties
- eBay Inc. Reports Steady Growth in Q1 2025
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