B. Riley Securities Initiates Coverage On Etsy with Buy Rating, Announces Price Target of $100
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Naved Khan has initiated coverage on Etsy (NASDAQ:ETSY) with a Buy rating and set a price target of $100 for the company's stock.
December 08, 2023 | 1:44 pm
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POSITIVE IMPACT
Etsy receives a Buy rating from B. Riley Securities with a price target of $100, indicating a positive outlook on the stock by the analyst.
The initiation of coverage by B. Riley Securities with a Buy rating and a price target of $100 is a strong positive endorsement for Etsy. This could lead to increased investor confidence and potential upward movement in the stock price in the short term, as market participants often react to analyst ratings and price targets.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100