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"Shares of Ebay (EBAY) are tacking on $1.49, or 2.6 percent, to $58.40 in pre-open trading. Analyst Anthony Noto at Goldman Sachs raised third quarter earnings and revenue estimates for the online auctioneer to 11 cents a share and $193 million, from 10 cents a share and $187 million, respectively, after a proprietary study indicated that listings are ahead of expectations, and the percentage of items sold, as compared to listings, is trending up. Noto feels the stock warrants a premium valuation, given its "visibility of earnings, accelerating fundamentals and clear leadership position." "



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