eBay: Susquehanna stays 'positive' ahead of results
(CercleFinance.com) - Susquehanna International maintains its 'positive' view on eBay, with a 50-dollar price target, expecting the e-commerce company to report generally in-line second-quarter results after market close on Wednesday, July 18.
"We continue to believe the stock is attractive for longer-term-oriented investors”, the US broker wrote in a research note.
"We see the potential growth acceleration, promoted listings advertising opportunity, payments transition, and continued aggressive buybacks ($3.5 billion planned for 2018) as potential drivers”, it added.
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