eBay "buy"

31.05.07 - Stifel Nicolaus

NEW YORK, May 31 (newratings.com) - Analysts at Stifel Nicolaus & Company maintain their "buy" rating on eBay Inc (EBAY). The target price is set to $37.

In a research note published this morning, the analysts mention that the company has acquired StumbleUpon for $75 million in cash. eBay expects its guidance for the year to remain unchanged, despite the acquisition, the analysts say. According to Steifel Nicolus & Company, the deal is strategically sensible.