eBay Watch: Goldman Raises Estimates Again, Tiffany Trial Briefs Filed

Includes: EBAY, TIF
by: OnlyEBAY

Goldman Sachs Again Raises eBay Estimates

Exactly two months ago, Goldman Sachs (NYSE:GS) analyst Anthony Noto raised his price target for eBay (NASDAQ:EBAY) from $43 per share to $51 per share. Now, in a report from Thursday, Noto has once again raised his eBay revenue and EPS estimates to $2.141 billion and $0.41, respectively, from his previous $2.125 billion and $0.40. Noto reiterates his 'buy' rating and $51 price target.

eBay vs Tiffany Trial Nears Verdict

Those of you that are following the Tiffany (NYSE:TIF) case know that post-trial briefs have been filed and a decision is due very soon (weeks rather than months). This is probably one of the more important pieces of litigation eBay is currently facing (together with the remaining MercExchange issues of course). In any case, for those interested in reading the post-trial briefs, you can access them here.

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