Barclays maintains an Equalweight rating on eBay (EBAY +3.1%), and raises the price target for...

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

Barclays maintains an Equalweight rating on eBay (EBAY +3.1%), and raises the price target for shares to $38 from $36 finding eBay's mobile payment and POS initiatives both "promising" and "intangible." The firm raises estimates on FY'11 EPS to $2.01 from $1.96, and FY'12 EPS to $2.39 from $2.26.