eBay "sell"

11.06.07 - Cantor Fitzgerald

NEW YORK, June 11 (newratings.com) - Analyst Derek Brown of Cantor Fitzgerald maintains his "sell" rating on eBay Inc (EBAY). The target price is set to $30.

In a research note published this morning, the analyst mentions that eBay is rapidly losing mindshare and market share. The company is expected to provide details of probable modifications in the user interface and find functionality at its site in order to improve buyer experience, the analyst says.