Analyst: eBay Stock Sports an Improved Outlook

Core Viewpoint - eBay Inc (NASDAQ:EBAY) has received an upgrade from Citi, moving from "neutral" to "buy," due to an improved outlook, margin expansion, and earnings potential [1] Group 1: Stock Performance - eBay stock is up 1.5% before the market opens and is aiming for its two-year high of $55.15 reached on May 28 [1] - The stock has shown a year-over-year increase of over 17% and a year-to-date lead of 21.5% [1] Group 2: Analyst Sentiment - Despite the positive stock performance, 17 out of 25 brokerages recommend a "hold" or worse, indicating a disconnect between analyst sentiment and stock price [1] - If the current pessimism among analysts shifts, it could provide additional support for eBay shares [1] Group 3: Options Market - eBay's options are currently affordably priced, with a Schaeffer's Volatility Index (SVI) of 23%, which is in the 11th percentile of its annual range, suggesting low volatility expectations [2]