|Bid||42.200 x 4200|
|Ask||42.210 x 2500|
|Day's Range||41.512 - 42.230|
|52 Week Range||31.890 - 46.990|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.60|
Wall Street investment bank KeyBanc Capital Markets recently upgraded its rating on eBay (EBAY) stock to “overweight” from “sector-weight.” KeyBanc sees eBay stock closing the year at $50 per share. In a research note cited by MarketWatch, analyst Ed Yruma of KeyBanc shared details on why the firm is bullish on eBay.
Although Amazon’s (AMZN) decision to open a physical bookstore in the Georgetown neighborhood may have been motivated by Washington’s underserved book market, a physical presence in Georgetown could bring more benefits to the company. Georgetown is one of the wealthiest neighborhoods in Washington, D.C., and that could mean that a good number of residents there already subscribe to the Amazon Prime program. Perhaps planting a bookstore in Georgetown could help Amazon attract more Georgetown households to Prime or capture more spending from existing Prime customers in the neighborhood.
The Dutch payments processing firm is considering a stock market listing this year, a source told CNBC.
Shares of eBay surged after Morgan Stanley upgraded the stock and boosted its price target based on its recent partnership with payment processor Adyen.
Amazon (AMZN) opened its first physical bookstore in Washington, DC, in March 2018. The company now boasts more than a dozen so-called Amazon Books outlets. The Washington-area bookstore also expands Amazon’s portfolio of physical stores, which now include more than 450 Whole Foods stores.
Shares of eBay Inc. are up 2.7% in Wednesday morning trading after analysts at Morgan Stanley "double upgraded" the stock to overweight from underweight. The analysts, led by Brian Nowak, wrote ...
Amazon (AMZN) is preparing to release its 1Q18 results just as competition for low-income customers with legacy retailers such as Walmart (WMT) and Costco (COST) is picking up. In March, Amazon cut Prime membership fees for Medicaid recipients. With the cut, Medicaid recipients can purchase a Prime monthly plan for $5.99, instead of the regular price of $12.99 per month or $99 per year.
As Amazon (AMZN) is preparing to report its 1Q18 results, Donald Trump has escalated his criticism of the company’s practices, particularly its delivery contract with the US Postal Service and collection of sales tax. In late March, Axios reported that Trump wasn’t paying much attention to the debate about Facebook’s (FB) handling of user data, but seemed intent on clipping Amazon’s wings.