Piper Trims eBay (EBAY) Target, Estimates

Piper cuts eBay (EBAY) target and estimates based on weaker conversion rates in May in the U.S., U.K., and Germany.

eBay (EBAY) maintained as BUY, target from $38 to $35.

See Also:

eBay (EBAY) US Listings Still Strong, Stock Still Cheap (EBAY)
Bernstein: Google (GOOG), Amazon (AMZN) To Be Last Standing Internet Giants
(GOOG, AMZN, YHOO, IACI, MSFT, EBAY)

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