eBay Achieves Analyst Price Target Milestone

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eBay Inc. (Symbol: EBAY) shares have surpassed the average analyst 12-month target price of $48.05, trading at $48.93 as of recent market activity. This may prompt analysts to either downgrade based on valuation or adjust their target prices upward, depending on the company’s recent performances.

As part of the assessment, there are 19 analysts contributing to the target average, with projections ranging from a low of $32.00 to a high of $62.00, and a standard deviation of $6.899. Currently, eBay has 5 strong buy ratings, 15 hold ratings, and 2 strong sell ratings, with an average rating of 2.7 on a scale where 1 is Strong Buy and 5 is Strong Sell.

This data was sourced from Zacks Investment Research via Quandl.com.

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