eBay (EBAY -2.9%) saw a slight growth slowdown in February, says Baird's Colin Sebastian in a...

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

eBay (EBAY -2.9%) saw a slight growth slowdown in February, says Baird's Colin Sebastian in a report that seems to be pressuring shares. Baird's sales tracker (for Marketplaces transactions?) indicates growth fell to a low teens Y/Y rate in February from a mid/high-teens level in January. However, Sebastian maintains an Outperform and $60 PT, and is "comfortable" with a Q1 forecast for 12.5% Y/Y U.S. merchandise volume growth. (ChannelAdvisor)