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Trouble Ahead For eBay? Morgan Stanley Downgrades, Sees 11% Downside

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eBay Inc. NASDAQ:EBAY, Amazon.com, Inc. NASDAQ:AMZN - Trouble Ahead For eBay? Morgan Stanley Downgrades, Sees 11% Downside

Morgan Stanley’s Brian Nowak believes there could be 11 percent downside risk for eBay Inc EBAY, with a slowing top line and negative revisions of the consensus forecasts driving the stock to underperform.

Nowak downgraded the rating on the company from Equal-Weight to Underweight, while lowering the price target from $24.00 to $22.50.

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Nowak cautioned...


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