Hearing Wells Fargo Initiates Coverage On Etsy With Buy Rating And $70 PT
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Etsy with a Buy rating and a price target of $70.
June 07, 2023 | 8:05 pm
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POSITIVE IMPACT
Wells Fargo initiates coverage on Etsy with a Buy rating, setting a price target of $70.
Wells Fargo's initiation of coverage on Etsy with a Buy rating and a $70 price target indicates a positive outlook for the company. This news is likely to have a positive impact on ETSY's stock price in the short term as it reflects the confidence of a major financial institution in the company's growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100