eBay "hold"

11.04.07 - Deutsche Bank

NEW YORK, April 11 (newratings.com) - Analysts at Deutsche Bank maintain their "hold" rating on eBay (EBAY). The target price is set to $32.

In a research note published yesterday, the analysts mention that eBay?s share price is likely to remain range-bound in the near future. The analysts also expect the company to continue to face long-term structural issues going forward. Deutsche Bank expresses its optimism, however, regarding eBay?s ability to achieve the revenue estimate in 1Q due to the weakness in the dollar and Paypal?s robust performance.