eBay "outperform"

03.10.07 - Credit Suisse

NEW YORK, October 3 (newratings.com) - Analysts at Credit Suisse maintain their "outperform" rating on eBay Inc (EBAY). The target price is set to $43.

In a research note published yesterday, the analysts mention that the latest data indicates that the company is likely to post its 3Q revenues and EPS marginally ahead of the consensus. The analysts expect conversion rates and ASP improvement to more than offset a listings decline for eBay, the analysts say. The company?s revenue per listing growth is likely to have been flat in the quarter, Credit Suisse adds.