Bernstein upgrades shares of eBay, says buy the post-earnings dip
Despite a recent sell-off, Bernstein analyst Nikhil Devnani believes investors should not give up on eBay. He upgraded the online marketplace to outperform, citing improving growth trends as a catalyst for the upgrade. Devnani sees gross merchandise volume growth of 2% heading into next year, with potential expansion to 3% in 2026. Although growth rates…