Jefferies has reiterated its 'Underperform' rating on eBay Inc (NASDAQ:EBAY, XETRA:EBA) and cut its price target to $75 from $80, citing pressure on underlying earnings and slowing advertising growth. The broker lowered its 2027 and 2028 earnings before interest, taxes, depreciation and amortization (EBITDA) estimates to 4% and 11% below consensus, respectively, as it expects weaker advertising revenue and greater reliance on lower-margin offerings to weigh on profitability.