eBay "outperform"

10.04.07 - Credit Suisse

NEW YORK, April 10 (newratings.com) ? Analyst H Terry of Credit Suisse issues an "outperform" rating on eBay, Inc (EBAY). The target price is set to $42.

In a research note published this morning, the analyst mentions that the company is likely to post its Q1 results ahead of the consensus. While eBay?s listing continue to track marginally above the estimates, the company?s price increases during Q1 and Q3 have had a positive impact on mix shift, the analyst says. Credit Suisse also expresses its optimism regarding the positive impact of eBay?s ad agreement with Yahoo on the former company?s performance during Q1.