Wells Fargo raised the firm’s price target on eBay (EBAY) to $61 from $59 and keeps an Equal Weight rating on the shares. Recently announced U.S. commission fee increase narrows gap to FY25 Street OI estimates and to guide of high single digit year-over-year EPS growth, the firm says. Estimate fee increases drive $75M revenues and 13c EPS addition to 2025. Revised 2025 OI remains 2% below consensus, Wells adds.
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