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eBay shares rose 5.1% on Monday after Morgan Stanley listed the online trading platform as a preferred stock, optimistic about the strong performance of its Live Commerce business. Analyst Nathan Feather said Live has made up for “a critical part of eBay's growth landscape.” The target price was raised from $127 to $132, and the rating was increased.
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eBay shares rose 5.1% on Monday after Morgan Stanley listed the online trading platform as a preferred stock, optimistic about the strong performance of its Live Commerce business. Analyst Nathan Feather said Live has made up for “a critical part of eBay's growth landscape.” The target price was raised from $127 to $132, and the rating was increased.
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