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News 2026-10-12 14:59 UTC

BUZZ — eBay rises as Morgan Stanley names it top pick

* E-commerce company eBay shares jump 4.2% to $116.95 * Morgan Stanley names co a top pick in the US internet sector, with an overweight rating * Brokerage also raises EBAY's price target to $132 from $127 * Expects live shopping to support sustained sales growth and higher profits through 2030 * Raises its 2026-2030 G