Barclays raised the firm’s price target on eBay (EBAY) to $92 from $77 and keeps an Overweight rating on the shares following the earnings report. The firm says eBay’s story continues to improve in a volatile e-commerce backdrop. Other than Amazon, eBay is growing faster than most of the listed western peers, the analyst tells investors in a research note. Barclays sees additional upside in the shares.
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