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eBay price target raised to $95 from $70 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on eBay (EBAY) to $95 from $70 and keeps a Neutral rating on the shares. The firm said they reported 2Q ahead of expectations, driven by strength in the US, and saw solid GMV growth acceleration in its focus categories. Additionally, the company stated that business trends have remained healthy thus far in 3Q.

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