eBay price target raised to $105 from $104 at Wells Fargo

Wells Fargo raised the firm's price target on eBay to $105 from $104 and keeps an Equal Weight rating on the shares. The firm sees solid print with Q2 financials at or slightly above high end of guidance. Wells expects full year guidance raise implies second half of the year positive mid-single-digit, in line with Street expectations. The firm will be monitoring commentary regarding the U.S. entry of Vinted, a disruptive force in C2C commerce in W. Europe.