https://www.cnbc.com/2018/04/18/ebay-jumps-after-big-upgrade-from-morgan-stanley.html

Shares of eBay jumped nearly 4 percent in the premarket Wednesday after analysts at Morgan Stanley 'double upgraded' the stock on expectations that a transition away from PayPal will give the company's numbers a boost.

Analysts at the investment bank raised their rating on eBay to overweight all the way from underweight and hiked their price target to $58 a share from $36. Morgan Stanley's new price target represents a 42.8 percent upside from Tuesday's close. EBay's stock is up 7.6 percent this year.