Cisco Has 50% Upside if It Copies eBay’s PayPal Split

 

Cisco should take a cue from eBay. On Tuesday, eBay (ticker: EBAY) shares rose 7.4% to $56.56 after the online auctioneer announced that it will spin off its fast-growing PayPal business into a separate publicly traded company next year. Barron’s recommended eBay in December at $51.

Cisco Has 50% Upside if It Copies eBay’s PayPal Split


Leave a Reply

Your email address will not be published. Required fields are marked *