eBay

eBay climbed to $103.29 after Citigroup raised its price target to $130, bouncing off three-month lows. Schaeffer's analysis shows the stock trading near a key moving-average ATR setup that historically led to a one-month gain 75% of the time (average 5.5%). Analysts remain mixed with a plurality at hold or worse, and low options volatility makes options strategies an attractive way to play potential upside. » More on finance.yahoo.com

eBay settled for $55.7m with journalists Ina and David Steiner after a 2019 campaign of threats and disturbing deliveries orchestrated by former employees tied to company security. Federal probes led to criminal charges against seven executives and employees, a 57‑month sentence for security chief James Baugh, and a deferred‑prosecution agreement with eBay that included a $3m criminal penalty. Former CEO Devin Wenig agreed to pay $2m to the Steiners and $1m to a First Amendment charity; the couple continue to suffer long‑term psychological effects and have told their story in a new documentary. » More on theguardian.com

BMO raised its price target on eBay to $145, implying about 32% upside, citing accelerating Focus Categories, live-commerce gains and generative AI seller tools that could boost margins. The stock slipped after eBay guided Q3 adjusted EPS below Q2’s $1.60, with management flagging Depop integration costs and higher marketing spend; Wells Fargo cut its target to $92 on those concerns. eBay reported $22.4 billion GMV and 14.8% revenue growth in the quarter, leaving consensus ratings clustered around the current price and making execution on Depop and AI initiatives the key re-rating catalysts. » More on finance.yahoo.com