Goldman Sachs Maintains Buy on Etsy, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Alexandra Steiger has maintained a 'Buy' rating on Etsy (NASDAQ:ETSY) but lowered the price target from $96 to $84.
November 02, 2023 | 1:33 pm
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Goldman Sachs has maintained a 'Buy' rating on Etsy but lowered the price target from $96 to $84.
The news is directly related to Etsy and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowered price target may indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100