Analysts Split on eBay, Zoetis Takes a Hit

Wall Street is sending mixed signals across several names this week. eBay drew the most attention. Two analysts moved on the stock in quick succession. Truist Securities' Youssef Squali lifted his target from $105 to $115 while reiterating Hold. Wedbush went further, initiating with a Buy and a $135 target. The divergence is notable. eBay carries a $49B market cap and short interest of just 3.7% of free float.

Roper Technologies got a clean upgrade. Argus Research's John Eade moved the stock from Hold to Buy with a $450 target. The industrial software firm sits at a $39B market cap. Short sellers have not piled in, with SI at 5.9% of FF.

Zoetis moved the other way. Analysts trimmed their consensus target from $110.81 to $106.34. The animal health company remains largely unloved by the bear camp, with SI at just 4.4% of FF, but the target cut reflects softer near-term expectations.

Ralph Lauren also saw a small target trim, down from $430 to $426. The consensus remains firmly bullish. Walt Disney received a fresh Buy from Argus Research with a $134 target, adding conviction to a stock that already carries 28 buy-equivalent ratings.