Analyst Ratings for Etsy
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Etsy (NASDAQ:ETSY) within the last quarter, with 6 bullish, 6 somewhat bullish, 4 indifferent, and 1 somewhat bearish. The average 12-month price target for Etsy is $122.35, a decrease of 7.7% from the previous average price target of $132.55.
July 11, 2023 | 12:06 pm
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NEUTRAL IMPACT
Mixed analyst ratings and a decreased price target could lead to uncertainty among investors, potentially impacting Etsy's stock price.
The mixed analyst ratings indicate differing opinions about Etsy's future performance. The decrease in the average price target suggests that analysts have lowered their expectations for the stock, which could lead to uncertainty among investors and potentially impact the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100