eBay (EBAY +2.3%) rises after Wedbush upgrades shares to Outperform, and lifts its PT to $48, on...

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

eBay (EBAY +2.3%) rises after Wedbush upgrades shares to Outperform, and lifts its PT to $48, on bullishness regarding eBay's PayPal unit. The firm believes PayPal will continue growing at a 25-30% clip, and will account for over half of eBay's revenue by 2014. A new in-store payment system is seen as a key growth driver. (previously)