Susquehanna Reiterates Positive on eBay Following News of Potential Acquisition of Braintree
In a report published Tuesday, Susquehanna International Group analyst Brian Nowak reiterated a Positive rating and $65.00 price target on eBay (NASDAQ: EBAY).
In the report, Susquehanna International Group noted, “We estimate the potential acquisition would bring approximately 5% incremental TPV and revenue to PayPal. The deal would also give PayPal access to Braintree's fast-growing, next generation start-up companies and enhance PayPal's mobile payment portfolio. That said, it also raises questions around the innovation and competitive advantage of PayPal's core products.”
eBay closed on Monday at $54.76.
Latest Ratings for EBAY
Date | Firm | Action | From | To |
---|---|---|---|---|
Mar 2022 | Benchmark | Maintains | Buy | |
Mar 2022 | Piper Sandler | Maintains | Overweight | |
Feb 2022 | Susquehanna | Maintains | Neutral |
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Brian Nowak Susquehanna International GroupAnalyst Color Reiteration Analyst Ratings