Shares of eBay (EBAY) inched lower on Aug. 3 after Wells Fargo's senior ****** yst Ken Gawrelski downgraded the e-commerce giant to "Underweight." In his research note, Gawrelski also lowered his price target on EBAY to $92, indicating potential downside of roughly 5% from current levels.
That said, eBay stock has been a lucrative investment in 2026, currently up nearly 35% versus its year-to-date low in mid-February.
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