Wells Fargo Maintains Underweight on Etsy, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Underweight rating on Etsy and lowered the price target from $70 to $60.
September 27, 2023 | 11:34 am
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Wells Fargo has maintained an Underweight rating on Etsy and lowered the price target from $70 to $60, which could negatively impact the stock's price.
The lowered price target by Wells Fargo indicates a bearish outlook on Etsy's stock. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
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IMPORTANCE 80
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