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EBay up after Baird PT raise

ReutersJul 10, 2025 3:39 PM

** Shares of e-commerce firm eBay EBAY.O rise 1.1% to $77.12

** Brokerage Baird raises EBAY's PT to $80 from $75

** EBAY is likely benefiting from some pull-forward in spending ahead of higher tariffs, solid trends over Easter and Father's Day, and its overall value orientation - brokerage

** Baird expects EBAY to benefit from a broader range of horizontal marketplace tools for buyers and sellers that should increase listings and drive more conversions

** Expanding focus categories to include U.S. pre-owned apparel could help accelerate volume in one of the larger e-commerce verticals, Baird says

** EBAY has risen 23.2% YTD, as of last close

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