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Posted June 29, 2015 by FTM Staff Analyst in NEWS
 
 

JP Morgan raises EBAY target price to $64

This morning JP Morgan analyst Doug Anmuth raised EBAY target price to $64 citing “Overall, we are modestly raising our PT on eBay Inc. to $64 to account for higher SOP valuations for both PayPal and eBay. We currently value PayPal at an EV of $38B, market cap of $44B, and a post-spin share price of $36. We currently value eBay at an EV of $30B, market cap of $33B, and a post-spin share price of $29.”

FTM Staff Analyst

 


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