shares of ebay and farfetch could stay sidelined if consumers slow down their spending as the economy sputters according to ubs analysts on tuesday ubs analysts including lloyd walmsley downgraded the two ecommerce companies to neutral from buy after evaluating the impact of two recessionary scenarios one with a moderate slowdown and second more significant they believe ebay’s shares won’t move up in the near term as most of its gross merchandise volume or gmv depends on discretionary spending meanwhile luxury retailer farfetch shares could remain rangebound on concerns that the company could fall short on its fullyear financial predictions