RBC Capital sees PayPal continuing to be an earnings driver for eBay (EBAY) as it reiterates the...

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

RBC Capital sees PayPal continuing to be an earnings driver for eBay (EBAY) as it reiterates the company at Outperform and lifts its price target to $57 from $47. The company has been one of the biggest beneficiaries in the surge of the usage of mobile devices for on-the-go transactions. EBAY -0.2% premarket.