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Tesla Turns Profit: Tech Winners & Losers

Canaccord Genuity analyst Michael Graham upgraded eBay shares to "Buy" while raising his price target to $67. Jefferies analyst Brian Pitz raised his price target to $66 from $62; Cantor Fitzgerald analyst Youssef Squali raised his target to $64 from $56; and Credit Suisse analyst Stephen Ju raised his price target to $55 from $50.

"We believe Marketplaces will continue to be a stable growth engine and that PayPal can surprise to the upside. eBay is innovating along many fronts which may require expanded investment/acquisitions. However, we believe in eBay's vision of synching online and offline commerce and that with ~112 million eBay accounts and ~123 million PayPal accounts actively engaged on mobile, eBay is uniquely positioned to capitalize on this opportunity," Canaccord's Graham wrote in his report.


Closing prices: TSLA jumped $6.04, or 15.9%, to $43.93; AAPL fell $13.75, or 3.1%, to $428.92; and EBAY rose $1.49, or 2.8%, to $55.71.

-- Written by Chris Ciaccia in New York

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SYM TRADE IT LAST %CHG
AAPL $130.28 0.47%
EBAY $59.20 0.53%
TSLA $218.42 -0.08%
FB $81.53 -1.07%
GOOG $565.06 3.30%

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DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

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