Etsy shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $100 price target.
Portfolio Pulse from Benzinga Newsdesk
Etsy's stock has been upgraded from Peer Perform to Outperform by Wolfe Research, which also set a new price target of $100.
September 14, 2023 | 1:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Etsy's stock has been upgraded by Wolfe Research, which could lead to a positive impact on its stock price in the short term.
Analyst upgrades often lead to a positive sentiment among investors, which can drive the stock price up. Given that the upgrade is from a reputable research firm and includes a significant price target, it is likely to have a strong positive impact on Etsy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100