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Kiplinger
Kiplinger
Business
Joey Solitro

eBay Stock Downgraded to Sell: Should Investors Be Worried?

eBay Jefferies John Colantuoni Argus Wedbush
EBay logos on signage at the Chinajoy games fair in Shanghai, China, on July 26, 2024.

eBay (EBAY) shares are lower Tuesday after financial services firm Jefferies downgraded the e-commerce stock to Underperform (equivalent to a Sell) from Hold and lowered its price target to $52 from $60, which is more than 17% below where EBAY is currently trading.

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