eBay price target raised to $78 from $75 at Benchmark

Benchmark raised the firm’s price target on eBay (EBAY) to $78 from $75 and keeps a Buy rating on the shares. While eBay is not immune to the broader environment, the company “put up another solid print” despite all the macro uncertainty and, “perhaps more impressively, managed to leave the full year outlook largely unchanged,” the analyst tells investors in a post-earnings note.