eBay "neutral weight"

13.03.06 - Prudential Financial

NEW YORK, March 13 (newratings.com) - Analyst Mark J Rowen of Prudential Financial maintains his "neutral weight" rating on eBay Inc (EBAY). The target price is set to $40.

In a research note published this morning, the analyst mentions that sellers are likely to have listed 20.1 million items on the company's core US site during the most recent week ended March 10, representing 19.8% y/y growth. Listings at eBay's German site are likely to have increased 33.6% y/y last week, while listings on the company's UK site are likely to have grown 85.5% y/y during the most recent week, the analyst adds.