 Shares of eBay Inc. are up 1.9 in Tuesday trading after Wells Fargo analyst Brian Fitzgerald upgraded the stock to equal weight from underweight and raised his price target to 50 from 32. Our review of omnichannel retailer commentary and eBays upward 2Q guidance revision last week indicate to us continued strength, if not acceleration, in digital commerce from March into April and May, despite brick-and-mortar retailers beginning to reopen across much of the country, he wrote. Fitzgerald expects strong digital demand over at least the near to mid-term. While hes more cautious on eBays longer-term outlook and said that investors might be overestimating the amount of value creation that could come from a sale of the classifieds business, he wrote that he and his team now believe this is simply the wrong time to be underweight eBay shares, given what appear to be exceptionally strong sector tailwinds. The stock has added 18 over the past month as the SP; 500 has gained about 10. 