Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Merrill Upgrades eBay

Merrill upgrades eBay (EBAY) to buy from neutral.

Analyst Justin Post says eBay is now more an attractive valuation with a 23% upside to $96 target. He sees less potential volatility from eCommerce earnings per share reports (Amazon,, and Overstock), and less potential selling pressure from momentum investors.

By fourth-quarter 2005 Post sees early visibility on returns from incremental PayPal investment, more effective advertising, opportunity for near-term year-over-year margin improvement, and easier revenue growth comps.

He prefers eBay to due to a stronger competitive moat, vs. offline commerce, faster revenue growth, and better near-term visibility on returns from investment spending.

blog comments powered by Disqus