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Cantor Fitzgerald Issues Pessimistic Forecast for eBay (NASDAQ:EBAY) Stock Price
['Ethan Ryder']
Ticker Report
eBay (NASDAQ:EBAY – Get Free Report) had its price target reduced by equities research analysts at Cantor Fitzgerald from $110.00 to $106.00 in a research note issued on Thursday,Benzinga reports.
Cantor Fitzgerald’s price target would suggest a potential downside of 4.63% from the stock’s previous close.
According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $113.39.
Get eBay alerts:Read Our Latest Stock Analysis on EBAYeBay Trading Up 1.4%eBay stock opened at $111.15 on Thursday.
Insiders have sold 76,012 shares of company stock worth $8,747,852 over the last ninety days.