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Fly News Breaks for February 26, 2015
EBAY
Feb 26, 2015 | 08:09 EDT
Baird raised its price target on eBay to $65 from $61 following the company's filing of its registrations statement for the carve-out of PayPal. The firm cited the updated financial metrics as well as operating agreements and risk factors, including the limitations of PayPal pursuing strategic alternatives without incurring significant tax penalties. Baird reiterated its Outperform rating on eBay shares.
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EBAY
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