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eBay price target raised to $69 from $65 at Cantor Fitzgerald

Cantor Fitzgerald analyst Deepak Mathivanan raised the firm’s price target on eBay (EBAY) to $69 from $65 and keeps a Neutral rating on the shares. eBay’s Q1 results and Q2 guidance should inspire incremental confidence on the company’s relative resiliency during a volatile macro climate, the analyst tells investors in a research note.

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