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eBay (NASDAQ:EBAY) Downgraded by Citizens Jmp to Market Perform
['Trevor Kearing']
Daily Political
eBay (NASDAQ:EBAY – Get Free Report) was downgraded by equities researchers at Citizens Jmp from an “outperform” rating to a “market perform” rating in a note issued to investors on Tuesday, MarketBeat Ratings reports.
Thirteen analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have issued a Sell rating to the company’s stock.
Also, SVP Mazen Rawashdeh sold 1,919 shares of eBay stock in a transaction that occurred on Wednesday, June 17th.
In the last three months, insiders have sold 76,012 shares of company stock valued at $8,747,852.
eBay downgraded after Depop acquisitionWells Fargo downgraded to Underweight from Equal Weight following the company’s Depop acquisition.