UPDATE: BGC Financial Reiterates Buy Rating, Raises PT on eBay
December 31, 2012 at 15:10 PM EST
In a report published Monday, BGC Financial reiterated its Buy rating on eBay (NASDAQ: EBAY ), and raised its price target from $52.00 to $65.00. BGC Financial noted, “The company reports on Wednesday January 16 postmarket. Fourth quarter FY12 guidance given by the company states revenue expected between $3.85B to