- Piper Jaffray's Gene Munster views last Friday's reports that Google (GOOG -0.7%) is in talks to buy a stake in eBay (EBAY -0.4%) as largely unsubstantiated and thinks a deal between the two is unlikely despite Google's penchant for making big bets.
- But the analyst goes on to say that if Google were to buy a stake in eBay, he believes it would specifically target PayPal, particularly given Apple’s unique Apple Pay feature on the iPhone 6.
- Munster maintains a Neutral rating and $55 price target on eBay shares.