Etsy shares are trading lower. Morgan Stanley on Tuesday lowered its price target on the stock.
Portfolio Pulse from Benzinga Newsdesk
Etsy shares are trading lower after Morgan Stanley lowered its price target on the stock.

May 18, 2023 | 5:01 pm
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NEGATIVE IMPACT
Etsy's stock price is trading lower due to Morgan Stanley's reduced price target.
Morgan Stanley, a major financial institution, has lowered its price target on Etsy's stock. This action can negatively impact investor sentiment and lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100