eBay "overweight"

21.11.06 - Prudential Financial

NEW YORK, November 21 (newratings.com) - Analyst Mark J. Rowen of Prudential Financial maintains his "overweight" rating on eBay Inc (EBAY). The target price is set to $40.

In a research note published yesterday, the analyst mentions that the listings on the company?s US site in the most recent week rose by 3.1% y/y. The eBay Germany listings increased 19.3% y/y in the recent week, the analyst says. The listings on eBay UK increased 68.1% y/y in the recent week, boosted by a 10p listing promotion, Prudential Financial adds.