UBS reiterated an aggressive price target on eBay Inc (NASDAQ:EBAY) as it speculated on the future after one of the loudest Wall Street / Silicon Valley tiffs in memory. eBay now has an open ear to Icahn In an investor letter released yesterday, UBS logically noted how Icahn’s influence is already having an impact in areas where eBay Inc (NASDAQ:EBAY)’s management and Icahn might agree. Now that Carl has been put in a corner and given a time out, eBay will listen to Carl’s logical pleadings. These are critical points for the bull case, which might suggest Icahn might hold…
UBS Bullish On eBay Inc, Notes Icahn's Influence On Future Decisions
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.