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eBay Rises 5.6% After Morgan Stanley Names It a Top Pick

eBay shares jumped 5.6% in afternoon trading after Morgan Stanley designated the stock a top pick with a Buy rating and raised its price target to $132 from $127, according to Streetinsider.

EBAY

6% in afternoon trading after Morgan Stanley named the stock a top pick, maintained a Buy rating and lifted its price target to $132 from $127, according to StreetInsider. Analyst Nathan Feather made the target change.