eBay price target lowered to $64 from $67 at BofA

BofA lowered the firm’s price target on eBay (EBAY) to $64 from $67 and keeps a Neutral rating on the shares. Following the quarterly report and guidance, the firm is slightly raising its Q4 and 2025 GMV forecasts, but slightly lowering revenue and non-GAAP EPS forecasts to $10.6B and $5.21 from $10.7B and $5.28, respectively, on potential monetization headwinds, the analyst tells investors.