Shares of eBay (EBAY -1.3%) are downgraded to Neutral from Buy by Citigroup as they approach the...

|About: eBay Inc. (EBAY)|By:, SA News Editor

Shares of eBay (EBAY -1.3%) are downgraded to Neutral from Buy by Citigroup as they approach the firm's $39 price target. "We see the risk-reward as less compelling," Citi's Mark Mahaney writes. "We do view the recent share price surge as well justified and, therefore, would be buyers of the stock on any material pullback, all else held equal."