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StubHub shares rise after Citi upgrades rating, target cut

StubHub (STUB) shares jumped about 3% in late Thursday overnight trading after Citi upgraded the stock to Buy from Neutral, while lowering its price target to $7 from $9.

STUB

StubHub Holdings (STUB) shares jumped about 3% in overnight trading late Thursday after Citi upgraded the stock. The investment bank raised its rating on the ticketing marketplace to ‘Buy’ from ‘Neutral’ but cut its price target to $7 from $9.