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0.000772399588053582 0.000386199794026791 0.00399073120494339 0.0036045314109166 0.00669412976313074 0.00514933058702358 0.00785272914521112 0.00901132852729149
Stock impact report

EBay Upgraded to Buy at Stifel as 'Direct Beneficiary' of Coronavirus Shutdown [TheStreet.com]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: TheStreet.com
EBay(EBAYGet ReportShares of the San Jose-based company were climbing 3% to $39.05.Analyst Scott Devitt, who also increased his stock price target to $45 from $40, said in a note to clients titled "Retail Closures Followed by Retail Carnage," that "stay-at-home directives and widespread retail store closures have shifted a substantial portion of consumer spending online.""Third party data indicates eCommerce sales have accelerated dramatically beginning in March with strong momentum continuing through April," Devitt said in a note to clients. "eBay is a direct beneficiary of the current landscapeDevitt said that the pandemic's longer term economic fallout is likely to accelerate traditional retail dislocation, benefiting e-commerce and multi-channel platforms including eBay.EBay is offering incentives to support sellers during the crisis, Devitt said, noting that the company is offering sellers 100,000 free incremental listings (50,000 in March, 50,000 in April) and is deferring payme Show less Read more
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