Thursday, October 13, 2011

Wedbush likes eBay...

Wedbush pounds the table for eBay (EBAY) following its X.commerce announcements. The firm calls eBay "the best investment in the growth of mobile payments," thanks to the breadth of PayPal's solutions. Wedbush also expects PayPal to help drive "significant multiple expansion" for eBay.

eBay is currently down 0.56 to 32.19

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