The Latest Analyst Ratings for Etsy
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Etsy (NASDAQ:ETSY) in the last quarter, with 12 bullish, 6 somewhat bullish, 8 indifferent, 2 somewhat bearish, and 0 bearish ratings. The average price target is now $82.0, down 17.85% from the previous target of $99.82, and slightly below Etsy's current price of $83.265, suggesting a potential downside. These ratings reflect analysts' forecasts and are updated quarterly.
December 05, 2023 | 4:01 pm
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NEGATIVE IMPACT
Etsy received a range of analyst ratings in the last quarter, with an average price target of $82, which is below the current price, suggesting a potential downside. The price target has decreased by 17.85% from the previous target.
The average price target provided by analysts suggests a downside from the current stock price, which could lead to a negative short-term impact on Etsy's stock. The significant decrease in the price target may also shake investor confidence.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100