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Morgan Stanley Maintains Coverage of eBay Inc. (EBAY)
Yahoo Finance· 2026-01-19 13:36
Core Viewpoint - eBay Inc. is recognized as one of the best jewellery stocks to invest in currently [1] Group 1: Analyst Coverage - Morgan Stanley has raised its price target for eBay Inc. to $112 from $102, maintaining an Overweight rating [2] - The firm anticipates that the internet industry in 2026 will mirror the performance of 2025, with a focus on businesses leveraging GenAI or GPU technology for capital returns [2] - Specific sectors such as smaller advertising platforms, e-commerce, travel, and ridesharing are expected to experience valuation multiples influenced by autonomous vehicles [2] Group 2: Corporate Developments - eBay Inc. is expanding its Circular Fashion Fund in 2026 to include applications from Canada, Switzerland, and the European Union for the first time [3] - This expansion broadens the fund's reach beyond its existing markets, which include the United States, the United Kingdom, Germany, and Australia, thereby extending the circular fashion concept to North America and Europe [3]