eBay "sell"

19.12.07 - Deutsche Securities

NEW YORK, December 19 (newratings.com) - Analysts at Deutsche Bank Securities maintain their "sell" rating on eBay Inc (EBAY). The target price is set to $30.

In a research note published yesterday, the analysts mention that eBay?s performance in 2008 is likely to be negatively impacted by limited reinvestment, challenging demand trends, potential operating margin pressure and decline in transaction volumes. The company does not intend to make investments during 2008.