Goldman Sachs Maintains Buy on Etsy, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexandra Steiger maintains a Buy rating on Etsy (NASDAQ:ETSY) but has lowered the price target from $110 to $96.
October 12, 2023 | 12:51 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Etsy but lowers the price target from $110 to $96.
The news is directly related to Etsy. While the Buy rating is maintained, the lowering of the price target might indicate a slower growth expectation, which could potentially impact the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100