eBay Upgraded, Five Below & Twitter's Price Targets Cut By Analysts

In Thursday's Analysts' Actions, one Wall Street firm is optimistic on eBay (EBAY) and others drop Five Below (FIVE) and Twitter (TWTR)'s price targets. Piper Jaffray upgraded e-commerce company eBay to NEUTRAL from UNDERWEIGHT this morning as the company finished spinning off PayPal (PYPL). eBay is continuing to grow, but under the pace of general e-commerce. Buying and searching products on its online platform is 'less straightforward,' the firm said. Instead, consumers want a simple and easy shopping experience. Overall, analysts see progress but they reduced their price target to $30 from $50. In another analyst note, Deutsche Bank cut Five Below's price target to $42 from $44. The company reported its second quarter fiscal 2015 earnings on Tuesday. Revenue missed analysts' estimates while earnings met expectations. Same store sales were disappointing, Deutsche said, but it's maintaining its BUY rating. Finally, Canaccord Genuity dropped Twitter's price target to $40 from $45. The firm sees some risks, citing 'lack of monthly active users (MAU) visibility.' But, its BUY rating remains as Google (GOOGL) recently said it would start putting tweets into its search results on desktop and mobile. TheStreet's U-Jin Lee reports from New York.