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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (13793)10/21/2004 9:46:23 AM
From: mishedlo  Read Replies (1) of 116555
 
Ebay is a compelling investment
EBay upgraded by Smith Barney, price target raised (EBAY) By Tomi Kilgore
NEW YORK (CBS.MW) -- EBay (EBAY) was upgraded to "buy" from "hold" by Smith Barney, which said the stock represented a "compelling" investment opportunity. Analyst Lanny Baker raised his stock price target to $115 from $80. The stock was last up $6.26, or 6.9 percent, at $97.62 in Instinet pre-open trading after the online auction company reported late Wednesday earnings and revenue that topped analyst forecasts.
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