Morgan Stanley Maintains Equal-Weight on Etsy, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Lauren Schenk has maintained an Equal-Weight rating on Etsy (NASDAQ:ETSY) and lowered the price target from $72 to $66.
November 03, 2023 | 12:52 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Etsy and lowered the price target from $72 to $66.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in Etsy's stock price in the short term. Investors may interpret this as a sign of decreased confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100